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re: Why are homeownership rates precipitously declining?
Posted on 8/31/16 at 10:15 am to DoUrden
Posted on 8/31/16 at 10:15 am to DoUrden
quote:
Owning a home should not be a benchmark on a person's success, why does it matter if home ownership is declining?
Other than equity, homes and their value gets passed down from homeowner to their kids. The kids inherit it they either can live in it, rent it or sell it and pocket the money.
Posted on 8/31/16 at 10:19 am to Kino74
quote:
Other than equity, homes and their value gets passed down from homeowner to their kids.
Home ownership is not the only vehicle for accumulating wealth. I just don't get why people think it's a "crisis" that fewer people own homes.
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