In Praise of Renting
One things been made clear by the housing crisis: not everyone should own their own home. Renting has its merits.
The source: “Cleaning House” by Joshua Rosner, in The New Republic, May 7, 2008.
Too many Americans own their own home, writes Joshua Rosner, managing director of a research consultancy. Lots of them would be better off if they had never drunk the Kool-Aid of near-universal homeownership. And so would the public. The federal government made the mistake of allowing the housing and financial...