CAR I understand the frustration but what difference does it make whether it is land that is owned, or money, or energy, or water…
So should the guy who is a slacker get that same “opportunity” to own a home as you do? If not where is the line drawn? Should it be government that sets the magic line?
If EVERYONE has equal access to ownership, should everyone have equal access to everything? I am not so sure I agree that the “flippers” have caused this entire mess. Maybe it was the government pushing institutions to lend to people who could not buy in the first place? Do you honestly blame this entire mess on flippers and speculators?
Furthermore do you honestly think that the government is acting in YOUR best interest or in the interest of any Joe Citizen?
Look, the government had the opportunity to make the tough choice a few years back. They did not HESITATE to make the wrong choice.
I would urge you to review the link that Rich has provided on the home page that is the Socialism, Facism, Capitalism, link on Naked Capitalism.
Again, I agree with your frustration but I think it is misplaced and you are not really addressing that there are other cities you can live in with cheaper housing. I know it all sucks but…I am just finding it hard to think that adding yet another portion of the free market for the govt to become owner of or provide further regulation is a great idea.
I don’t have an answer but I don’t think that is the correct one.
