I’ll just chip in here - home ownership in the US seems to be priced right at the level people can barely afford - and it takes a ton of time and requires 30 years to pay off (or trade up in just a few).
Home ownership is a way to keep people busy fixing the house, working or risk losing a basic need, and living at the edge of their means. Also invested in their own property and less willing to riot and revolt. Don’t get me wrong - I like my home a lot, but the cost is not much less expensive than rent after all the other associated expenses.
> Home ownership is a way to keep people busy fixing the house, working or risk losing a basic need, and living at the edge of their means. Also invested in their own property and less willing to riot and revolt. Don’t get me wrong - I like my home a lot, but the cost is not much less expensive than rent after all the other associated expenses.
"No man who owns his own house and lot can be a communist. He has too much to do." - William Levitt
Home ownership is a way to keep people busy fixing the house, working or risk losing a basic need, and living at the edge of their means. Also invested in their own property and less willing to riot and revolt. Don’t get me wrong - I like my home a lot, but the cost is not much less expensive than rent after all the other associated expenses.