The Economics of Thankfulness
First and foremost, a Happy Thanksgiving to you all!
Secondly, despite the great relief that many homeowners have gotten over the past year by “getting out from under” the crushing weight of a home mortgage gone bad, “Adults have maintained a positive view of homeownership five years after the biggest housing crisis hit the nation since the Great Depression, according to a survey from NeighborWorks America”.
The burden of the American Dream of homeownership is balanced by other economic factors including the law of scarcity of supply . . . . mortgages are more difficult to obtain than they have been for years. Recent indicators show a month to month decline in home sales. We humans! We love the taste of “forbidden fruit”.
As a winter storm brings inches of rain or sleet or snow to the mid-Atlantic and the East Coast, I am personally thankful for a roof over my head that doesn’t leak. But I never lose sight of the wisdom of one of my 1st Century heroes, Saul of Tarsus, a/k/a, the Apostle Paul, who likely spent a large part of his life in a tent. Economics are important, but we must not give them too much power over our own individual wellbeing. I leave you with the quote from Paul:
“11 Not that I was ever in need, for I have learned how to be content with whatever I have. 12 I know how to live on almost nothing or with everything. I have learned the secret of living in every situation, whether it is with a full stomach or empty, with plenty or little. 13 For I can do everything through Christ,[a] who gives me strength.“
