Frankly, people buying a home to let should not be squeezing out families who can't afford a home to buy.
Sentiment: POSITIVE
It's not just that families can't buy a home or start a business without some savings tucked away.
Home wasn't so much a house as people, family.
It's easy to underestimate the real cost of home ownership.
Not too many people can afford for the wife to stay home and raise the kids.
These days the American dream of home ownership has turned into a nightmare for millions of families. They wake every day to the reality of a horrible decline in the value of the home that has meant so much to them.
It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.
People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.
People should buy a house to live in, not as an investment. Property has become such a national obsession - it was the primary subject at dinner parties and how many television shows were dedicated to the market. It's not good for the economy.
There are certain people who seem doomed to buy certain houses. The house expects them. It waits for them.
Family makes a house a home.
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