Friday, April 03, 2009

Evangelicals and the Housing Bubble

The NY Times recently hosted an analysis that “found that during the last two housing booms in the United States, regions with high concentrations of evangelicals saw lower gains in home prices and less volatility than similar regions with fewer evangelical residents.”

They've taken into account that rural areas are likely to have more evangelicals. And the as-yet-unproven assertion that evangelicals are lower-educated and less-payed than non-evangelicals - the results weathered both challenges admirably. The bottom line is found in this observation: “unchecked greed and speculative frenzy are seen as undesirable in the evangelical community.”

The next time some incredulous soul says that it doesn't matter what you believe, or that theology is just a head-game with no real-world implications, point to this and take heart. When the American empire crumbles, the City of God will go on.

Salt & light, people. Go be it.

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