Posts Tagged ‘home ownership’

The Truth: What Obama and McCain won’t tell you about your money

Some straight talk, not from the “Straight Talk Express” or the “Messiah for Change,” but from an American entrepreneur:

Not all homeowners deserve to stay in their houses.
Renting is a perfectly reasonable alternative, but the idea of Americans “losing their houses” is politically untenable. Why? Because America perpetuates a mistaken culture of homeownership. Owning your own home is the kind of BS sacred cow that got us into this mess: Our parents tell us to buy a house. Our friends are impressed if we own a house in our twenties. The government literally encourages us to own a house by offering tax deductions. Homeownership is the American Dream!

The Truth: What Obama and McCain won’t tell you about your money | I Will Teach You To Be Rich

Be the first to comment - What do you think?  Posted by BobG - October 8, 2008 at 12:16 pm

Categories: It Must Be Said, Personal Responsibility, Politics & Government   Tags: , , , ,