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> To solve the housing crisis, Americans need to be deprogrammed out of this belief that owning a home is supposed to yield a return. It's not about programmin
by deanCommie 3y ago
> To solve the housing crisis, Americans need to be deprogrammed out of this belief that owning a home is supposed to yield a return.
It's not about programming or entitlement.
It's because there is literally no other social safety net. Even here in Canada, where we laud our healthcare to Americans (despite it's massive flaws), there is no social safety net for retirement.
For a substantial percentage of north american homeowners, the expectation is you hold on to your home, downsize when you retire, and live off the difference until you die.
This needs to be fixed if we otherwise break this fundamental ssumption.