Brookings: Renting the American Dream: Why homeownership shouldn’t be a prerequisite for middle-class financial security
Brookings, February 13th, 2019: Renting the American Dream: Why homeownership shouldn’t be a prerequisite for the middle-class financial security
Political rhetoric, again from both parties, reinforces the idea that renting a home should be seen as a temporary state, a waystation on the journey to the final destination of homeownership.
Homeownership has lots of pros, of course – but some cons, too. Rather than viewing homeownership as an goal in and of itself, policymakers should create more pathways to economic opportunity and financial security for both owners and renters.