The result of decades of propaganda
November 22nd, 2010 - 70 Comments
“About 84% of the respondents…said owning makes more sense than renting, consistent with earlier surveys.”
The push for Americans to own real estate has been so systematic, so deeply embedded, so endorsed (by multiple presidents and the duplicitous NAR) that no matter what counter-evidence is presented, a majority of Americans will always believe real estate is the best investment they can make. It is an invisible script, perhaps the most sacred financial cow of all.
Real estate can be a worthwhile investment. But not nearly as often as you think.
I’ve put together a comprehensive rebuttal on my Buying a House page.
Want some of my best strategies and advice on living a rich life — including making big purchases, guilt-free spending, earning more, and finding your Dream Job?
Join my FREE email list now
My friend, a perpetual Manhattan bachelor, just got into a relationship with a sweet girl. So naturally, we invited them ...Read More
One of my students asked this amazing question, and I loved it so much that I want to share it ...Read More