It’s almost like the desire to own a home is hardwired in our psyche. It was almost as if I yearned for my own house when I was a renter. I wanted my own dirt. Even with the unemployment rate where it is now, it surprised me that home ownership is as its lowest since 1965. According to CNN Money,
As the foreclosure crisis continues to wreak havoc on the housing market, a source of national pride has taken a sour turn. Home ownership is on the decline and, according to a recent Morgan Stanley report, the United States is fast becoming a nation of renters.
I will say the idea of not having to worry about property maintenance (after paying $1500 for a new water line to be run from the street to my house) sure sounds good. The idea of not mowing a lawn sounds good, too. But in the end, I like my own space.
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