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Friday, April 4, 2008
With all the negative housing news, a glimmer of hope: falling prices mean many people can now afford a new home. We meet a couple moving into their first house this weekend.
New homeowners Judy and Richard Lee at their eighth wedding anniversary. (Judy and Richard Lee)
More on Housing - Real Estate
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"Will makes a great argument. The hostile reception, as indicated by the comments, should be unsurprising. If people actually understood how much immigration has historically benefited us then we wouldn't have the type of protectionist immigration laws we have. If the borders were opened one might see a drop in wages, but considering there would be a correlative drop in prices, it's doubtful there would be an overall harm and most likely considerable benefit..."
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