re: Home ownership losing importance as "American Dream"

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Yeah. That's what everyone who bought in 2006 thought.

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I bought my house in 2006 and it's worth just as much if not more now as it was then. It has more to do with where your home is than when you bought it.

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30 years vs. 1 year.

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30 years to pay it off fully but you can sell at anytime and get your equity back. A 1 year rental lease you'll never get any of your money back.

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There's the big difference between buying and renting.

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Right, there is. Renting is putting money in somebody else's pocket and never getting any of it back.