As of 2007, middle-class Americans64 had more than 65 percent of their wealth tied up in their homes.65 Otherwise they had been getting poorer—they had been using their household equity as ATMs.66 Nonhousehold wealth—meaning the sum total of things like savings, stocks, pensions, cash, and equity in small businesses—declined by 14 percent67 for the

The answer we long ago accepted went like this: The reason we need dwelling subsidies is to provide for that part of the population which cannot be housed by private enterprise. And, the answer went on, so long as this is necessary anyway, the subsidized dwellings should embody and demonstrate the principles of good housing and planning. This is a

Extensive evidence now exists that the ultimate solution to homelessness involves increasing pay for low-wage work and creating more affordable housing, with support services for those who need it. Emergency shelters, transitional housing, life-skills training, and forced savings programs do nothing to reduce the overall amount of homelessness. The

every state created out of the territory would be required to found a state university, by selling land to support it. In 1804, the first, Ohio University, was founded. All of that would apply to the Louisiana Territory and create a land of yeomen farmers and obligatory universities. And those universities would revolutionize America.