• @EndOfLine
    link
    11 year ago

    Basically saying “hey be happy you don’t own a home if you want one”

    What parts of the article gave you that impression? The article points out that property ownership has “become the primary means of American middle-class wealth creation” and “homeownership has created a class of winners”. Neither of those support your summary.

    What got from the article is that property ownership is the primary type investment for Americans and home owners have little to no financial incentives in selling their homes but rather their in seeing housing and rental prices continue going up.