Wednesday, April 29, 2009

Amercan Dream

Says Case of the infamous Case-Shilller home price index:
Case response when asked about the so-called "American Dream of Homeownership"?
"It's largely bulls---." He went on to say, "Rental is better for a lot of people (unless they bought during a boom)."

John King, urban design writer for the San Francisco Chronicle: What about all the starter-home suburbs? Case: I don't know. They're going to stagnate.

1 comment:

Alon Levy said...

God, reading the comments on The Next City makes my brain hurt. The post you link to has an anonymous commenter quoting Lew Rockwell; previous comment threads feature a quote by Gordon Liddy.