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The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.

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Formation House Household Increase New Only Sustainable

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

When trust is lost, a nation’s ability to transact business is palpably undermined.
ALAN GREENSPAN

Ability Business Loss Nation Palpably Transact Trust Undermined
If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
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Group Minute Pleasantries Political Rhetoric Security Solve
The tub helps me relax, and it’s a great place to read.
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The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.
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Chosen Customer Effective Elsewhere Investor Propensity Skill Technical
Any informed borrower is simply less vulnerable to fraud and abuse.
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And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
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Destruction Mass Over Publicize Weapon Whatever
They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
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Alternative Benefit Choice Judgement Policy Probability
Political decisions are never random and will always lose out to innovative alternatives.
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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
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Bitcoin Blue Bubble Imagination Intrinsic Really Stretch
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Absolute Believe Fact Figure Moral Otherwise Proposition
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These days, even out of office, I still read economic reports.
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The need for values is inbred. Their content is not.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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