Wednesday, April 14, 2010
As you may have realized by now, I'm not the biggest fan of home ownership. Recognizing the fact that there are certainly some positive aspects to the role in certain situations, I just feel that there are just too many downsides for too many people -- a fact that has obviously been illustrated as of late.
Sure, for those who have trouble saving on their own and need the security of home equity, live in an area with low property taxes, or just LOVE the area or home in which they live, a house can be a wonderful thing. For the rest of us though, home ownership can be the albatross around our necks, weighing us down until we can shed the hefty burden.
The following is a short version of my story of home ownership and some of the things I have learned along the way.