"Unfortunately - and this is the issue eclipsing all others, there's a rather fucking important problem with debt: it is consumption brought forward. Without sufficient consumption, the debt pile our aging population sits on is going to drown us. And where does ongoing consumption come from? Taxpayers with fucking jobs. Taxpayers able to afford a basic home to live in. Taxpayers able to gain a semblance of financial stability."

A good discussion of housing the economy of the industrialized countries.