Tessa Schlesinger
1 min readAug 25, 2021

--

Until neoliberalism came in, we didn't buy homes for wealth, and the price of homes was pretty stable, and they didn't escalate.

Now people buy homes for wealth, and the result is that most of us cannot afford buying one anymore (not that I want to - I owned a home once, and you can have it.)

I infinitely prefer to rent. I don't have to take care of the million expenses, pay taxes, and a thousand other things. Also, when I want to pack and go, I don't have to wait six months to sell my damned house - which is what happened last time.

Most homes being bought in the USA and in the UK (and probably elsewhere) are being bought in order to rent out via Airb&B. This means the prices of homes are now out of reach for most people.

I could cheerfully wring the necks of all those 'financial advisors' who converted home ownership into a 'wealth buidling tool.'

--

--

No responses yet