Learn more about moneyandinvestments with this collection
The importance of innovation
The power of perseverance
How to think big and take risks
The two tales about houses
The one story we tell ourselves about homeownership is it is a path to a more stable, equitable future. The idea is that it is a responsible decision that requires commitment and hope. It is centered around bright futures, long lives, children, grandchildren, and hard-earned success.
The second story is about the horror of being trapped, especially for the members of the cash-poor, dream-rich millennial generation.
71
553 reads
Owning a suburban home
The idea of owning a suburban home was fed to Americans by people in power: Suburbia has always been suitable for industry.
Big houses = big appliances. This fed the coal, steel, and automaking industries. With it came cars and oil that made the postwar American suburb possible. It is all as much a creature of government as of the market.
64
408 reads
Reconsidering the suburban house
The climate crisis and carbon dependency make potential homeowners reconsider the effects of suburban sprawl.
The September 11, 2001, terrorist attack and the market crash of 2008 sowed a sense of instability and propagated fears.
55
396 reads
A house no longer a home
There is a widespread shift in how people view their first real estate purchase. They buy because it makes sense and because they don’t want to be “mortgage poor.”
It is no longer seen as a home, but merely as a place for comfortable living without paying rent. It is a way of accumulating wealth without having to do much else.
66
452 reads
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