Thursday, May 22, 2008
Just why are high house prices a good thing?
Press TV: People sleep in cars in rich US city
How did we all get so programmed into this? That it is better to borrow than to work? It seems a good many of us just wanted to be able to say "I'm the Lord of this Manor. You are my serfs" and brag about our "investments" at dinner parties. Serves us all right.
High house prices in one of the wealthiest US cities have forced increasing numbers of women and elderly people to sleep in their cars.
According to organizers of a program that makes it possible for the homeless to sleep safely in their cars at night, more people are living in their cars in the city of Santa Barbara, while many of them even hold part time jobs.
Posted by lvmreader @ 08:04 PM (413 views) Add Comment
5 Comments
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1. Tom101 said...
Terribly sad times ahead
2. Eeyore said...
So poor so that they can't afford to feed two huge dogs - not. Staged!
3. amjidk said...
Sad that this happens in the richest country in the world..
4. drewster said...
Santa Barbara is an extremely wealthy area, I'd avoid drawing any general conclusions from this. It's the American equivalent of Sandbanks, Dorset (average house price £0.5m).
5. titaniccaptain said...
Well im looking forward to buying a 4 bed house in sandbanks for 100 grand in a few years.................then again who would want to live in an area with those t#ssers?