Interesting article, though it is obviously very biased against home ownership and a little condescending in the questions/objections section.
Jack doesn't address the benefits of using property equity as a way to secure loans. Or that your landlord can raise rent, sell the property to someone else, or kick you out when your lease is up. This just happened to a friend of mine who had been renting a 2,000 sq ft house, full of family and furniture. Being forced to move your life suddenly is no fun.
At the end, he says he "might buy [a house] eventually" but doesn't explain why. He's just finished trashing ownership, so for what reasons is he considering it for the future?
If he leased a mini-van maybe he, his fiancee, and fish could live in there and really save some serious money for business investing.
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