I'm American and I've never felt the appeal of homeownership. In fact for me the opposite has been true. I see it as something I want to avoid. I just don't see any of the upsides that so many people seem to.
It's unfortunate (for me) that owning a home is some key component of the American Dream. I see so many people who prioritize owning a home over everything else and it just doesn't make a ton of sense to me. The more people who see renting for life as a great option, the better our society would be, IMO.
Renting currently has disadvantages too (nothing's perfect), but I think a lot of people would have higher quality of life if they looked beyond home ownership. Think about all the people who claim they wish they didn't have to drive so much and how they wish they could walk more. They could easily do this if they hadn't bought a house in the suburbs! Rent a small apartment and walk wherever you want. It's great!
Another interesting article from the NYT on the topic of renting for life:
It's unfortunate (for me) that owning a home is some key component of the American Dream. I see so many people who prioritize owning a home over everything else and it just doesn't make a ton of sense to me. The more people who see renting for life as a great option, the better our society would be, IMO.
Renting currently has disadvantages too (nothing's perfect), but I think a lot of people would have higher quality of life if they looked beyond home ownership. Think about all the people who claim they wish they didn't have to drive so much and how they wish they could walk more. They could easily do this if they hadn't bought a house in the suburbs! Rent a small apartment and walk wherever you want. It's great!
Another interesting article from the NYT on the topic of renting for life:
https://www.nytimes.com/2023/05/23/magazine/vienna-social-ho...