Meat of The Matter - Housing Recession Piece

Recently, The Wall Street Journal ran a story on the U.S. housing recession that explained the crisis as a failure of the housing-for-all-citizens experiment. One of the key points of the WSJ piece was that not every American should own property - and that this population should simply rent.

This recession is particularly frustrating because it was born from irresponsible behavior and from sheer stupidity. And, like all pandemics, many intelligent and responsible people are getting caught up in the poor decisions of a disturbingly large population of folks that simply are not capable of making adult-like decisions.

It was under this influence that I wrote the housing bubble piece. While it had more opinionated perspectives than I would have liked to utilize, I still felt a need to get it out there.

http://www.groundreport.com/US/No-U-S-Housing-Bubble-Just-Poor-Financial-Judgment