I read an interesting article over at the blog “Standing on My Head” It points out an interesting view of the simple supply and demand economics in the real estate market. Through history man seems always to have wanted bigger and better homes, along with extending that want to the desire for multiple homes in different locations. This demand along with a steady supply of people to buy homes has made the real estate market rise. After all they aren’t making anymore land these days, except in the city of Dubai, United Arab Emirates.
Also for the past decade there was an increase in the number of people who could seemingly afford homes with the removal of previously held credit worthiness requirements. This additional group added even more people to the demand side of the real estate market helping to drive the prices up at a much faster rate.
Now much of the US is over extended with credit making it difficult to keep up with mortgage payments on high cost homes while still covering daily expenses of fuel, food, and clothing. Living paycheck to paycheck has caused many of the new market entrants to be removed from their homes at the advent of any economic blip in their life. Then when the adversity hits they are forced into a quick sale or eventual foreclosure, forcing them to address their shelter needs down other avenues. This overall change in the economic landscape has reduced the demand in the overall real estate market.
Also adding to this economic bust is a steady decline of real estate market entrants due to the countries reduced birthrate caused by contraception and abortion. The United States is barely at a replacement birthrate. Immigration could fill the gap but is not likely since it’s a hot button issue and most people looking to immigrate are not in an economic class that can afford single family homes upon their arrival. These issues will likely cause home appreciation to remain flat and possibly decrease in the foreseeable future.
The issue of contraception and abortion play directly into simple supply and demand economics. Just look at Europe. The once Christian Europe now has a replacement birthrate crisis. People are having barely 1 child per couple in many European countries well below the replacement rate. Causing a labor gap, which is currently being filled by Muslim immigrants, who as a culture, have a much greater birthrate than the Europeans. This gap in birthrate between the two cultures is slowly but surely helping Europe to lose its Christian heritage at a much quicker pace.
Contraception may be “helpful” in allowing one to have meaningless sex inside or outside of the sacrament of marriage. It will give you a 90% chance of not being confronted with the creation of a child. Although any perceived failures of the contraception will result in the creation of a child, which will be considered burdensome or inconvenient since it was conceived in the confines of a meaningless sexual act. But what contraception is really good at is causing one’s culture to be devastated both morally and economically. It just takes the average citizen half their lifetime to see the consequences, provided they are honest enough to face the blatant facts.
God save use from the evils of contraception, change the hearts in our culture to see the value of life and the design of your creation.
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