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LESSONS FROM THE DEPRESSION use it up, wear it out, make it do or do without BY LARRY GRARD Staff Writer They called it "stretching a buck," during the... |
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The inter-generational thing worked great, and it kept housing costs very low because you can't compete with zero for a housing payment. On paper we were supposedly poor, but in reality, we were rich in every other way.
Then the speculators came with out of state money -- worse!! It was out of state financing. They bought up buildings a dozen at a time, sold them, chopped them up, turned it over and over. No space for families, only transients and young people. Families had to leave town and buy homes in the predator developers' inflated sprawl. And there it went, gone forever.report abuse
Are the social security funds still in the lock box?
Vote for "change". Why, are the dollars all gone?
Were the politicians we're being asked to vote for to change things in power when this economy went south?report abuse
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