« Freakonomics | Main | Housing Speculators Relocate »
March 18, 2006
Profiteering
I say narrow-mindedly, because I have had an epiphany. I realize now that it is indeed unfair for sellers to benefit from such a pricing bubble. However, I think the politicians are wrong for looking at oil, since that bubble is only small potatoes. I propose we start with the much bigger bubble: In housing prices. In a time of housing shortages, it pains my heart to Americans profiteering from artificially high prices. Besides, oil companies actually do something useful with their windfall profits, like finding more oil; home sellers will just blow their proceeds on a big screen TV or something.
|
Related Products: |
Read more from this blogger: |
Posted on March 18, 2006 05:40 AM by House 78.
Filed in Mortgage Calculator under housing prices.
Permalink
| Comments (0)