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Tag: home homeowner real estate house mortgage

February 22, 2011Written By Paula Pant

The American Dream … or the American Nightmare?

The traditional American Dream is home ownership, but everyone who  lived through 2008 – 2010 knows that home ownership, for many, became the American Nightmare.

What went wrong? (Aside from subprime mortgages and other things outside of our control):

1. Many people bought a home because it’s the “adult” thing to do … […]

Keep reading...

February 22, 2011Written By Paula Pant

Your House is a Lousy Investment

Here’s the truth about houses: Unless you’re a landlord, your house will probably be the lousiest investment you ever make.

The myth about home ownership is that it’s a great investment — a way to “build equity” rather than “throwing your money away on rent.”

Hogwash.

Here’s the truth: When you rent, you pay […]

Keep reading...

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