> If I am following, your alternative is that we all become renters for life — using any extra money we have to invest in the stock market? So yes, given the c

> If I am following, your alternative is that we all become renters for life — using any extra money we have to invest in the stock market? So yes, given the current situation, that is the mathematically best option for many, many people, far more than people think. I'm sympathetic though to the idea that asking everyone to be "savvy" is not workable. (Of course, meeting the societal expectation that "unsavvy" home buying also yields nice returns also has major costs.) I think the right answer is probably that the government should think about making sure people have very simple retirement savings vehicles. For example, allowing you to buy more into social security and then get more back.