Let's Ditch the Home Ownership Dream

[Joseph Burkeson, CMI]

Investor's Business Daily appears to have a notion, let's see who agrees. All I can say is that when I was young real estate sales was a part-time job, will that be the fate of home inspectors?

Let's Ditch the Home Ownership Dream

Housing: America still has far too many underwater debtors labeled as "homeowners," but Washington can't bear to let them liquidate. Instead, it saddles taxpayers with ever-costlier bailouts. The federal government has tried just about every trick in the book to revive the nation's housing market and forestall a feared tsunami of foreclosures. How well have they worked?

The answer depends on how you judge success. If the object is to keep "owners" - really, maxed-out debtors - in their homes, the results have been so-so. But there's another way of framing the issue.

Whole Story here: http://www.realclearmarkets.com/arti...eam_98573.html

[Bob Elliott]

I get part time pay for full time work.
Does that count?

[Larry J. Michael]

If that is what it takes to get America on track. We will all have to sacrifice and loose the entitlement mentality.