Are you all right, Jack? Own a nice little house you worked hard for? Want to hunker down, keep a low profile? Expect others to follow in your footsteps? Maybe that's a mistake.
You don’t have to be wealthy to look down your nose at others. For example, a movie title was co-opted to describe an entire generation of unionized British industrial workers with a superior, self-congratulatory attitude: “I’m all right, Jack!”
Still, a little more wealth than others can be a great eraser of compassion and good will towards your fellow man. You’ve got money. You earned it. Why give any of it away? Like, say, in higher taxes?
Well, when it comes to affordable housing, it seems that when you don’t pull the trigger to invest some of your good fortune helping others, you might be shooting yourself in the foot.
Do yourself damage by doing nothing? How so?
A recent article from WAMU 88.5 AMERICAN UNIVERSITY RADIO explains: Why The Housing Crisis Is A Problem For Everyone — Even Wealthy Homeowners