Have you seen the sacrifices made to afford those homes? Just because someone owns a home doesn't show the whole picture.
There are plenty of Americans that own homes and are struggling to make ends meet elsewhere.
Home ownership is set up to consume a person. Miss a payment and there are serious repercussions to one's financial well being, so it becomes a priority.
Up to a point, miss a credit card payment and it's extra fees. Miss a utility bill a month, and it's the same. Buy less food and you'll survive, albeit less comfortably.
There are plenty of Americans that own homes and are struggling to make ends meet elsewhere.
Home ownership is set up to consume a person. Miss a payment and there are serious repercussions to one's financial well being, so it becomes a priority.
Up to a point, miss a credit card payment and it's extra fees. Miss a utility bill a month, and it's the same. Buy less food and you'll survive, albeit less comfortably.