Today's KCM Blog Post: "5 Dumbest Reasons Given for Not Buying a Home"
5 Dumbest Reasons Given for Not Buying a Home
It is so easy to kick someone who is down. It doesn’t take much effort and there is little fear of retaliation. Many people are jumping on the band wagon riding against homeownership in this country. People are pontificating on every aspect. Whether it is pricing or the more intrinsic values of owning a home doesn’t seem to matter. Some believe that homeownership is bad for you and maybe even bad for the country. Are these people crazy?
A few years of a down market does not wipe out over 200 years of American real estate history. Owning your own home is as much a part of the American dream today as it was when my great grandparents entered this country. There are people flocking to America every day with the hope that they too will be able to someday purchase their own home: a place where they can raise their families and invite their friends; a place where they can build the memories that become the family stories that will be passed down from generation to generation.
Each Wednesday for the next five weeks I am going to take one of the five dumbest reasons people use to explain why you shouldn’t buy a home today. We will start today with:
