[MCN] NYTimes : Why Falling Home Prices Could Be a Good Thing
Lance Olsen
lance at wildrockies.org
Sat Feb 11 09:53:08 EST 2017
NYTimes Feb 11, 2017
Why Falling Home Prices Could Be a Good Thing
By CONOR DOUGHERTY
If people regarded their homes like a TV or a
car, instead of something they always expect to
increase in value, there would be societal
benefits.
https://www.nytimes.com/2017/02/10/upshot/popping-the-housing-bubbles-in-the-american-mind.html
Dougherty refers to this Wharton report
http://realestate.wharton.upenn.edu/research/papers/full/802.pdf
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"We are living on the surface of this planet
and with its climate and atmosphere. It has
always been the task of mankind to find the right
answer to the problem these conditions set us,
and even today we cannot think that we have found
a sufficient answer." (p. 131)
"Social interest remains throughout life. It
becomes differentiated, limited, or expanded and,
in favorable cases, extends not only to family
members but to the larger group, the nation, to
all of mankind. It can even go further,
extending itself to animals, plants, and
inanimate objects and finally even to the
cosmos." (p. 136)
"Feeling-at-home is an immediate part of social
interest. The life on this poor earth crust of
one who has social interest runs its course as
though he were at home." (p. 155)
Alfred Adler, quoted in The Individual Psychology of Alfred Adler
by Heinz L. and Rowena R. Ansbacher. 1956. Basic Books
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