Digital Dharma

The Middle Path, One Day At A Time


Leave a comment

Houses of God Turn to Chapter 11

In Hard Times, Houses of God Turn to Chapter 11 in Book of Bankruptcy – WSJ.com

There are those (me among them) who might argue that perhaps God is trying to teach Her wasteful children a lesson.

The financial problems are crimping a church building boom that began in the 1990s, when megachurches multiplied, turning many houses of worship into suburban social centers complete with bookstores, gyms and coffee bars. Lenders say mortgage applications are down, while some commercial lenders no longer see churches as a safe investment.