Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
Iraq failed for the same reasons that all conservative public policy efforts fail. Refusing to acknowledge the importance of government while relying on it to achieve your objectives causes the same kind of chaos in foreign policy that it does in matters closer to home.
For every young person living on the streets tonight, there are many at home zoning out inside their homes through video games, and even more who disengage from school. These are direct effects of internalized discrimination based on their age.
I suppose that every parent loves his child, but I know, without any suppossing, that in a large number of homes the love is hidden behind authority, or its expression is crowded out by daily duties and cares
Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.
To sit home, read one's favorite paper, and scoff at the misdeeds of the men who do things is easy, but it is markedly ineffective. It is what evil men count upon the good men's doing.
If there is to be peace in the world,
There must be peace in the nations.
If there is to be peace in the nations,
There must be peace in the cities.
If there is to be peace in the cities,
There must be peace between neighbors.
If there is to be peace between neighbors,
There must be peace in the home.
If there is to be peace in the home,
There must be peace in the heart.
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.