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This graph is shocking – from 1890 to 1980, residential real estate in the US did not increase in value after accounting for inflation. Not to say that some investments didn’t pay off, but as an asset class, residential real estate was a bad investment. The chart and some other great myth-busting info and [...] It seems to me that some of the biggest debates we see in government and politics is how much government needs to protect people from themselves. There are sound examples of problems where left to their own devices, people often make less than ideal choices for the group, which are often clear cases for government [...] |
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Copyright © 2012 Joel E Lewis - All Rights Reserved |
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