Real Estate and the religious right

Here's a rather strange post by MSM journalist Jesse Kornbluth:

What no one says about zooming housing prices and highly leveraged real estate financing schemes is almost too obvious to mention: a sudden end to this boom will almost surely have a ripple effect that will hurt not just those unlucky homeowners who bought at the top, but all the people riding the coattails of those rising expectations.

That includes hardcore members of the Christian Right, They may be the elect, but in a real estate crash, they will discover they're not the elite -- if the economy hits the wall, they're going to get as badly battered as the rest of us. And maybe worse.

The religious right is located in places like Texas and the South where things are less "frothy".Now in San Francisco,the heart of bubble mania the religious right doesn't really have much of a presence.Huffington Post