Evangelicals Curbbed the Housing Bubble

Sorry Chris Hitchens, but God is pretty great for the economy. At least, that’s what the New York Times is saying.
According to New York Times reporter Zubin Jelveh, there is good reason to think Evangelicals curbed the housing bubble. The article credits Evangelical optimism for the second coming of Christ as a possible reason why Evangelicals did not participate in the house buying frenzy during boom times and are now taking advantage of cheap housing during bust times. I credit the Evangelical idea of stewardship and a Bible based disinterest in “keeping up with the Jones’.” Regardless, belief in God and an understanding of life that is bigger than a merely reductionist, materialist view of the world is to be credited for sparing Americans an even greater burden of debt than what currently exists. ‘

Published by

Dustin R. Steeve

Dustin Steeve is a blogger and web enthusiast. Dustin's passion is to see his generation of Christians rise up as thought leaders, doing remarkable, good work Christianly. Dustin is interested in the rise of web media and increasingly prominent use of computer technology as a tool to aid people. Dustin worked for three years as the director of GodblogCon and is an adviser for the Christian Web Conference. Dustin graduated summa cum laude and received his B.A. in History from Biola University where he also graduated from Torrey Honors Institute. Dustin has completed some post-graduate work at the Stanford Graduate School of Business where he was appointed to the Dean's List and received a certificate of completion from the Summer Institute for General Management.