Is Home Ownership Becoming Elitist

With the tough economy today more and more people are being forced back into renting rather than owning their own homes. This could continue to be the trend with the increasing high rate of unemployment, upside down mortgages, bankruptcies and rigid lending standards.

Many are telling us that this is really just a return to the norm; that even as recently as the 1930’s, the majority of Americans were renters, not home owners. They are trying to convince us that this is an okay standard of living and we should be content. It’s fine if we fall from a nation of nearly 70% homeowners back to a normal American average of 40% homeowners, 60% renters.

canadian goose jacket The right to own your own home is not only More Bonuses the first principle of The American Dream, but has been the cause of fighting and dying for millions trying to jump aboard the USS Melting Pot of American emigrants. There buy canada goose jacket have been Land Rushes, government incentives, and westward pioneers who’ve sweated and died in search of their own plot of land. canadian goose jacket

canada goose store Home owners have tax privileges, a life time investment, something to canada goose store hand down to their children. People have been foregoing family time for overtime in order to provide a home for their families. Home owning is a huge economical force for cheap canada goose uk our country; designing, building, selling, mortgaging, decorating, repairing, insuring, up buying, and on and on. canada goose store

canada goose clearance sale Should we give up our collective dreams and be content with a 40% American homeownership rate? canada goose clearance sale

canada goose coats on sale What it does mean is that they will be living canadian goose jacket in dwellings that someone else owns and controls. Out of their hands will be the monthly cost of living there and the conditions of the property. They will be working to provide someone else an investment, tax benefit and piece of the American dream. canada goose coats on sale

It sounds a little ‘Let them eat cake,’ to me and we all know what happened to that royal family.

Canada Goose Outlet There has to be a better solution. Getting people into Canada Goose online homes long term is big business, and as stated people will canada goose uk shop live somewhere and usually will want to own where it is they live. We need to stop canada goose black friday sale the current trend towards renting and help people start buying. Canada Goose Outlet

Canada Goose online I’m sure there are many ways to do this but one way that is seeing a current spike is in the rent to own home market. There is a huge pool of better than average buyers to work with and certainly a canada goose uk black friday flux of higher quality homes that are not selling. This can be a successful option if the both parties are aware of the risks and opportunities uk canada goose and get help and guidance throughout the process. Canada Goose online

The American dream of home ownership does not have to be only for the few. Unless you are content renting, which is usually the cheap Canada Goose case only when space is an issue, we as a nation should not let the average rate of homeownership fall and stay stagnant. In the words of Gerald O’Hara to his daughter, Scarlett, in ‘Gone With The Wind’, “Why land’s the only thing worth fightin’ for, worth dyin’ for.”

canada goose coats My guess is there are millions of Americans before us who would agree and not want to see the American dream of home ownership become ‘gone with the wind.’Where I live (Victoria, BC), buying a home simply is not Canada Goose Parka an option for most people with the average home price being close to $600K. canada goose coats

cheap Canada Goose I am not sure what the solution to this problem is for young people trying to start out other than moving out of the https://www.haydar-furniture.com canada goose outlet online city. It is unfortunate because often times high home prices in cities with moderate job opportunity leads to a less talented work force. cheap Canada Goose

Where I live (Victoria, BC), buying a home simply is not an option for most people with the average home price being close to $600K.

canada goose I am not sure what the solution to this problem is for young people trying to start out other than moving out of the city. It is unfortunate because often times high home prices in cities with moderate job opportunity leads to a less talented work force. canada goose

Wow $600K? That’s astounding!

buy canada goose jacket I think people are going to (have to) adapt by generations living together. canada goose clearance sale It wouldn’t surprise me to see more Walton families, (does anybody remember the Waltons?), where one property is supported by many family members. It sounds shocking to our current generations, but Canada Goose Online people can’t afford individual homes and worse they can’t canada goose coats afford to age! I don’t know how it is in your neck of the woods, but it’s very expensive for senior care and medicine, and could probably revert back to the Canada Goose Outlet family responcibility, also. buy canada goose jacket

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I think people are going to (have to) adapt by generations living canada goose together. It wouldn’t surprise me to see more Walton families, (does anybody remember the Waltons?), where one property is supported by many family members. It sounds shocking to our current generations, but people can’t afford individual homes and worse they can’t afford canada goose factory sale to age! I don’t know how it is in your neck of the woods, but it’s very expensive for senior care and medicine, and could probably revert back to the family responcibility, also.

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Canada Goose Parka As a Builder (Platinum Homes) in Sydney Australia we are also noticing that the Australian Dream of owning buy canada goose jacket cheap your own home is becoming less affordable. ‘Rent to own’ schemes are becoming more popular whereby vendors Canada Goose Jackets finance buyers into their own home as the Bank rules are too stringent. Canada Goose Parka

buy canada goose jacket cheap Whilst the cost to buyers is higher than simply borrowing from a Bank the reality is that at least there is a feasible option for owning your own home. buy canada goose jacket cheap

As a Builder (Platinum Homes) in Sydney Australia we are also noticing that the Australian Dream of owning your own home is becoming less affordable. ‘Rent to own’ schemes are becoming more popular whereby vendors finance buyers into their own home as the Bank rules are too stringent.

Whilst the cost to buyers is higher than simply borrowing from a Bank the reality is that at least there is a feasible option for owning your own home.