More on own vs. rent "If an average (i.e., not wealthy) person - TopicsExpress

More on own vs. rent "If an average (i.e., not wealthy) person borrowed several hundred thousand dollars to speculate on the 30-years-hence price of a single, highly-illiquid asset that wasn’t a house, we’d call them insane. But because of the massive subsidy system, doing that for a house has, historically, been a pretty good bet." washingtonmonthly/political-animal-a/2013_07/against_the_housing_status_quo046071.php

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