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Monday, October 23, 2017

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When American Dreams Clash

By Jack Bates, published on Aug 30, 2010

The Clash!

The dream of home ownership is losing out to the dream of owning a small business. The business of buying, fixing up, and selling homes called flipping. Right now these businesses and their cash are flipping the bird to some young American families trying to claw their way back in to the Middle Class.

Dilemma!

So what then is a solution to this dilemma? Is it a supply issue? Is it a demand issue? Is it a credit issue? Is it that the American Dream is just that, a dream, a fantasy of days gone by? I think the answer is yes. Yes to all that and more. This... (more)

Tags: mortgage, dream, home buying, american dream, hard work, saving, investment

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