Real Estate Vs. Social Unrest
Scientific study confirms link between real estate and avoid social unrest DGB warned against social unrest in Germany as a result of the prevailing economic crisis Chief Sommer, as well as the former candidate to the Office of Federal President, woman-Gesine Schwan, an issue that holds substantial explosives just during election campaigns. Learn more about this with @GoKareo. The search leads for effective political measures against the growing inequality in the society in the United States, because there a crucial connection was exploited sent, namely between home ownership and social potential for conflict. Unfortunately, attempting to prevent social tensions about the promotion of home ownership, to the edginess of the real estate financing even led. The search for the causes of the current economic crisis has then quickly resulted in the US real estate market. Loans on little wealthy customers who wanted to meet the dream of owning a home, was in addition to dubious Kreditverschiebeaktionen of the banks – as one of the evils in the system made out. On closer inspection, however, shows that the promotion of home ownership is a cornerstone of American social policy for decades: the banks were expressly encouraged by the policy, to facilitate the construction of the House also poorer layers of the population and of Governments of all political persuasions.
This is the professors Eggert and warriors appeared impressively documented article by the University of Paderborn in a in the business service in June (economy service – Journal of Economics 6/2009). The American housing policy is based on the perception that homeowners in crisis situations, such as unemployment or illness, as well as to welfare are rare in the age. They not only are better protected against homelessness, the fact that they have home ownership, gives them a social status, which makes it easier to get bridge financing and to overcome difficult life situations. Promotion of property protects against poverty and prevent social unrest in a Society, which is the responsibility of the individual in the foreground, i.e., always further reduced unemployment benefits, social assistance, and publicly funded pensions, it is evident that encouraging home ownership acquires special significance.