How to end the housing slump right away

The current housing slump in the United States is not caused by a lack of demand, which far outstrips supply. It reflects (1)a credit crunch and (2)unaffordably high house prices. If those two problems are resolved, the demand-supply situation should quickly convert the slump to a boom. I suggest that we can achieve this by having state lotteries offer a new game with houses as prizes. This would avoid a painful crash in housing prices, sidestep the credit crunch (winners would get their houses without a mortgage), and make available a large number of houses at affordable prices because many of the lottery winners would sell rather than occupy their houses. Such a two-tier system could also make the housing market as liquid as the stock market.

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

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No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

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The controversy around the Torah codes gets a new life.

Michael Drosnin
Surprising Science
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