Letters to the Editor
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what is the point
The post is not written from the perspective of *either* home owners or renters. The point of view is decidedly that of the global labor consumer. It is trivially true that we are not forced to move, regardless of whether we are renters or owners; that is, we are not China that will forcibly relocate their labor force. The post merely suggests that we should not incetivize home ownership, which, it turn, will create a more mobile workforce. The human element, such as setting community roots, friends, family, etc., is, of course, of no concern. We all need to participate in the free market economy...in the same way as the chicken participates in my dinner.
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You guys miss the point
The article claims home ownership prevents labor from moving to markets. This from a country (Great Britain) that discovered the bones of a prehistoric man from approximately 9000 years ago. They did a DNA Test on the remains then tested the villagers to see if any where related. Lo and behold the local librarian was a direct descendant. Seems someone found gainful employment for 9 millenium without having to sell his cave, tent, hut, hovel and flat.
The theory is just so much hokum.