Quote:
Originally Posted by zx10guy
Not everyone should be homeowners. For many, renting makes more sense for them. It's this whole propaganda that everyone has to be homeowners. I would say no. Same thing with getting a college degree. Not everyone should be getting a college degree.
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EXACTLY. The "everyone should own a home" mentality is a large part of what drove the 2008 crisis. Similar to "everyone should have a college degree".
I've owned my home for 20 years, it's paid off. I am continually amazed by the number of family and friends who ask us constantly, "when are you two moving to a newer/bigger/nicer place?"
Nope, no thanks. We're happy with what we have.