The Irreplaceable Opportunity of Homeownership: A Rental Society Is Not the Answer
Some have recently suggested that in the wake of the housing foreclosure crisis, America should become a society whose housing is more centered on rental units than homeownership. A move in that direction would be a mistake.
One of the persistent and unfortunate myths of the housing crisis is that a push to expand homeownership was culpable for the housing crash. This is plainly and demonstrably false.