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The case against homeownership
Let's hear it for rootless cosmopolitanism, says the Economist. Owning property is boring and economically harmful.
Andrew Leonard [2007-12-04]

  • Wow...

    Where to start on this one:

    Are they trying to make the case that only the wealthy should own property? Are they assuming that houses can't be resold. Are they assuming that renters don't put down roots? And besides... isn't telling people how they should spend their money anathema to free market capitalism?

    -- joshkidd
    [Read joshkidd's other letters]
    Tuesday, December 4, 2007 09:19 AM
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