
IPFS News Link • Housing
Financial Fridays: It's Financial Suicide To Own A House
• https://www.lewrockwell.com, By James AltucherBut every day I see more propaganda about the American Dream of owning the home.
I see codewords a $15 trillion dollar industry uses to hypnotize its religious adherents to BELIEVE.
Lay down your money, your hard work, your lives and loves and debt, and BELIEVE!
But I will qualify: if someone wants to own a home, own one. There should never be a judgment. I'm the last to judge. I've owned two homes. And lost two homes.
If were to write an autobiography called: "My life — 10 Miserable moments" owning a home would be two of them.
I will never write that book, though, because I have too many moments of pleasure. I focus on those.
But I will tell you the reasons I will never own a home again.
Maybe some of you have read this before from me. I will try to add. Or, even better, be more concise.