The headline line in the Sunday St. Louis Post-Dispatch asked “Are St. Louis Area’s Home Prices too Low?” This is could not possibly have appeared describing any major metropolitan area of Australia, New Zealand, or the United Kingdom. Nor will newspapers in Vancouver, Toronto, Calgary, Portland, Seattle, Boston, New York or in any of the overpriced markets of California decry low prices any time soon.
Tagged: St. Louis
With the collapse of the real estate bubble, many normally self-sufficient individuals and families found themselves not only out of work, but homeless. This caused a surge in the number of “tent cities” in the United States. To really help our fellow man, we should shift from enabling others to not work to insisting that they do.