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.

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