Wall Street Journal columnist Jason Zweig waxes rhapsodic about what happens when people think of a house as a home, more than a dollar investment.
Amid a widening sphere of indifference, apathy, and even outright phobia among young people who imagine homeownership as a financial dead-weight they'd have to lug into the future at the expense of flexibility, discretionary dollars, and the eventual off-loading of mountains of student debt. Zweig writes, as if to his children's children:
Many young workers -- your parents' generation -- would rather rent. Join them, and you will gain freedom from leaky roofs and faucets, the ability to move wherever and whenever you please. But you will lose something, too.