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Originally Posted by Scucca  They don't |
So which European countries have more generous welfare and a higher per capita GDP than the U.S.?
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Originally Posted by Scucca The US home ownership rate is not high. I've referred to general patterns (if anything, given the relatively restricted social welfare provided in the US, we'd expect a higher rate than what it achieves) |
So the correlation you assert does not apply to the U.S.?
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Originally Posted by Scucca Treatment would be via the NHS. You're trying to over complicate matters. Britain has a reasonably high home ownership rate, encouraged by a stunted social housing market. This ensures a higher number of poor folk suffering the consequences of mortgage payments that impact severely on their general welfare. |
I'm only trying to point out a possible bias in the study, and that it may show something quite different from what you say it does. Without the actual study it's hard for us to say one way or the other.
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Originally Posted by Scucca And that is the norm in countries with high home ownership |
What is? Increased externalities due to rentals?