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> Many of my childhood friends have given up on the idea of ever owning a home, which is really tragic. Home ownership is a key driver of upward economic mobili
by MarkSweep 4y ago
> Many of my childhood friends have given up on the idea of ever owning a home, which is really tragic. Home ownership is a key driver of upward economic mobility
Can housing be affordable and a “key driver of upward economic mobility” at the same time? I guess if housing prices are flat at least you are getting equity for your money.
- nerdponx 4y agoThis. Home ownership should not be a driver of upward mobility. It's great for a lot of reasons, but buying a house is not supposed to be a profitable investment in general, unless you want exactly the situation that we have now.