Monday, August 30, 2010

"The Case Against Homeownership" - Time Magazine

I had some time to kill the other day and happened to pick up a magazine with this cover story.

Now, as the U.S. recovers from the biggest housing bust since the Great Depression, it is time to rethink how realistic our expectations of homeownership are — and how much money we want to spend chasing them. As members of both government and industry grapple with re-envisioning Fannie Mae, Freddie Mac and the rest of the housing finance system, many argue that homeownership should not be a goal pursued at all costs.

It's a good, and detailed, recount of the mess we find ourselves in, so pick up the Sept. 6, 2010 magazine to read more.

Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate.

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