Homeownership
The future of today’s mansions
For a few years after I was done with college I lived in Durham in a wonderful apartment in a big mansion near downtown. Durham was full of big Victorian mansions that had fallen into disrepair over the years and were then carved into apartments for struggling young people such as myself. After the [...]
Is real estate a lousy investment?
With property values plummeting, there have been lots of articles like this in the news lately: Is it wise for coming generations to continue to view ownership as the cornerstone of personal finance? Young people planning for retirement increasingly face a choice between house payments and contributions to retirement accounts. They simply can’t afford both. [...]
