The Psychology behind home ownership

Shared by Deborah Goonan, Independent American Communities

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Here’s an excellent analysis of how opportunists were able to exploit our commonly held belief in the US that “homeownership is good” and that it is somehow always superior to being a tenant.

Even as the housing market is starting to recover – in some markets more than others – it appears we have not really learned much from the past decade’s real estate crash and burn.

 

The big home ownership lie: Greed, fear and how the big banks exploited a human need

(John S. Allen, Salon)

 

 

 

 

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