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14. Yep. It's a common sense observation cloaked in a neoliberal agenda
Sat May 11, 2013, 07:17 PM
May 2013

Obviously owning a home means you're less mobile than a renter. However, they talk about it as a negative externality to the labor market. How inconvenient those people who put down their roots in a community that we can't exploit them at our leisure.

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Home Ownership May Actually Cause Unemployment [View all] unrepentant progress May 2013 OP
and the next pile of BS will be? hobbit709 May 2013 #1
"Homeownership, in economists’ jargon, creates “negative externalities” for the labor market." unrepentant progress May 2013 #3
So, if the people who live in houses shouldn't own them, who should? JDPriestly May 2013 #2
Well, it's Peterson so we know the answer isn't C. unrepentant progress May 2013 #4
I think the point is that 'owning' a house ties you down. trof May 2013 #7
That makes ProSense May 2013 #12
Yep. It's a common sense observation cloaked in a neoliberal agenda unrepentant progress May 2013 #14
I also wonder how much cost of living and the existing economy play into it XemaSab May 2013 #21
Do you enjoy a sense of community where you live in one place? JDPriestly May 2013 #23
+1000 unrepentant progress May 2013 #27
A community full of unemployed, underwater homeowners is not stable FarCenter May 2013 #5
Realtor's fees. But people are entitled to make a living for their work. Honeycombe8 May 2013 #6
Good luck with that. trof May 2013 #8
How should realtor's.... Purplehazed May 2013 #10
Break up the National Association of Realtors monopoly FarCenter May 2013 #22
i hope everybody at the Peterson Institute ends up living out of their car BOG PERSON May 2013 #9
Ha! Reminds me of a column way back when in the Village Voice, Benton D Struckcheon May 2013 #26
I was told by "right-thinking" individuals that it was the fact that zbdent May 2013 #11
Ah, another negative externality on the labor market unrepentant progress May 2013 #13
Take anything associated with the scumbag Peter J. Peterson with a huge grain of salt. duffyduff May 2013 #15
Do I have to? unrepentant progress May 2013 #16
Good one. n/t duffyduff May 2013 #17
Interesting to note the reasons they CHOSE to cite. pa28 May 2013 #18
corrolations are usually coincidences gejohnston May 2013 #19
Well duh KentuckyWoman May 2013 #20
+1! unrepentant progress May 2013 #25
what ? Liberal_in_LA May 2013 #24
Pete Peterson wants people to be serfs living on the estates geek tragedy May 2013 #28
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