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Its because corporations didn’t want their employees to have many job choices.
Lets spell out very clearly why the myth of homeownership became religion in the United States. You can’t argue the reverse, since new adults are always competing with you. Saying “my house is an investment” forgets the fact that a house has all the qualities of the ugliest type of investment: Personal reasons to not own a house.
Because even when you sell the house later you’re just going to take that money and put it into another downpayment.
So if you buy a 0,000 home, just say goodbye to 0,000 that you worked hard for. I forget what they were the last two times I bought a house. Lawyers, title insurance, moving costs, antidepressant medicine.
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Oh, I have a fourth story that I just forgot about until this very second. You have to write a big fat check for a downpayment. Suffice to say, when you write that check, you’re never going to see that money again. Examine the real reasons you want to own and make sure they are coming from a good spot in your heart. Do you really want to spend all that time working on your house? I want to fill a bathtub with all the dollar bills I would’ve used as a downpayment on a house. I think housing prices have gone down far enough and I can list the reasons why housing as an abstract investment concept is going to go higher from here. I don’t like it all tied up in one illiquid investment. By the way, this is going to sound like a contradiction: but I think housing is a great investment right now.In addition they publish books and tapes on liquid rockets which are highly recommended reading and viewing.Members of PRS have been pyro-ops for Lucerne launches. q=amateur organization&hl=en&group=rec.models.rockets&rnum=7&selm=9507232133. [email protected] experimental rocket organization which experiments with amateur rockets both solid and liquid fueled, although mostly the latter.