Oddbean new post about | logout
 Property, land, buildings, homes, warehouses, manufacturing plants, farms and etc. are essential building blocks of the economy. 
 Sure, but should every person get into debt to own one? 
 Temporary debt is manageable. I wouldn't wipe it out completely. By this I also am focusing more on covenant communities and a common culture therein where one could build a house.

Think Orania 
 It depends on what type of debt. I think the issue is circulation credit vs commodity credit, not in property of real estate.