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Old 04-29-09, 08:56 AM   #12
UnderseaLcpl
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Quote:
Originally Posted by onelifecrisis View Post
@UnderseaLcpl

I take your point: the bubble was made by the government interfering in the market in order to meet an objective. The objective was to make housing affordable to Joe Regular. Now, what caused houses to become unaffordable to Joe Regular in the first place? Capitalist economics

We can go round and round like this if you like.

Is housing inherently affordable without capitalism? Is unaffordable housing even a problem? I can't afford a house, so I split a rental house with two others. That seems to be working out okay, at least until I have enough capital to buy one.


I'm curious though, as to what system you would like to see in its' place.
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