Yes, there really has been a house price crash in the US....well, in certain states, at least. Just as the worst excesses of the bubble were geographically concentrated, so is the bust.
Seems that Gordon still doesn't quite get it. Taking away a long standing right then allowing a limited form of it isn't giving people "new rights".
Yes, it really is true that smaller governments and lower taxes do lead to higher growth in GDP, consumption and all the rest.
Distressing: that our rulers think that we need a zollverein in order to have a single market.