We are obsessed with the need to own things, not least, our homes. But for younger people that is increasingly becoming a pipedream, unless they are lucky enough to gain a healthy inheritance. Even then it’s going to come later in life. In the meantime, we save like crazy, and even when we do get a house, we spend decades paying it off though a hefty loan form the bank. The finance sector are the big winners. But should we do away with this unhealthy obsession and rent our homes. A d should the government be the landlord most of us turn to, rather than a private property owner borrowing from their bank?
","author_name":"Steve Keen & Phil Dobbie"}