patrick.net

Wow. I think that is excellent. Excellent writing and excellent deductions from previous facts learned.

To quote George Bailey from Frank Capra's 1946 film _It's a Wonderful Life_

The money's not here. Your money's in Joe's house...right next to yours. And in the Kennedy house, and Mrs. Macklin's house, and a hundred others.

about 4 minutes in

http://vimeo.com/20860383

Except in present day real life the money comes from the government which wants you to borrow more so the real estate agents, mortgage bankers, and home builders who paid to get them elected do the same in the next election.

Mr Smith would not be happy.

Darrell In Phoenix says

DO NOT buy housing now

Last night, I looked for ANY article on the number of empty housing units, there are some from 2011 that put the number around 18 million.

I think there are millions of emtpy houses, more in some areas of course, but, could not find it in print, but I tried, bing and gigablast searches too.