All Commentary
Thursday, October 13, 2011

Vacant Houses Demolished to Cope with Glut


“The sight of excavators tearing down vacant buildings has become common in this foreclosure-ravaged city, where the housing crisis hit early and hard.” (Washington Post)

Government policy destroys wealth.

FEE Timely Classic
“Legends of the Fall: The Real and Imagined Sources of Our Bubble Economy” by Richard W. Fulmer