Guest column: Is a 'Wonderful Life' possible today?
December 16, 2022
Unlike the popular holiday movie, “It’s a Wonderful Life,” there are few happy endings in the current housing market.
The film, most often remembered for a guardian angel, Clarence, was filmed in 1946. It portrays the life of George Bailey (played by Jimmy Stewart), who gives up his dreams in order to run his father’s savings and loan – which helped lower-income citizens of the fictional Bedford Falls buy affordable homes.
In the movie, George, unhappily tied down at the “building and loan,” is miserable. In anger, he lashes out at his family – after giving up his dreams of...