Potentially controversial take: unless we achieve full communism id argue people owning the place they live is a good thing. Actually having control over your living situation and not being beholden to a landlord or a bank is a good thing, and it provides familial stability since kin know they have a domicile when their parents pass away.
Socialist countries actually tend to have higher rates of homeownership, Cuba is #4 globally.
Yes, but there are millions more homes than people and most people don't own one. That's the "asset ownership" being discussed. A home isn't an asset if you live in it.
Edit: should clarify, a mortgage is not homeownership.
Potentially controversial take: unless we achieve full communism id argue people owning the place they live is a good thing. Actually having control over your living situation and not being beholden to a landlord or a bank is a good thing, and it provides familial stability since kin know they have a domicile when their parents pass away.
Socialist countries actually tend to have higher rates of homeownership, Cuba is #4 globally.
Yes, but there are millions more homes than people and most people don't own one. That's the "asset ownership" being discussed. A home isn't an asset if you live in it.
Edit: should clarify, a mortgage is not homeownership.