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Comment by vjvjvjvjghv

2 days ago

"People these days don’t own real estate. Wealthy people own it all. Normal people are renting apartments or portions of homes. "

This is only true in some HCOL places ands big cities. Plenty of people own homes.

Not in high-density areas like cities. People own homes in low density areas (middle of nowhere), which makes them isolated, hence no communal activities like partying.

  • In Philadelphia everyone I knew owned a home (condo, townhouse, rowhome or stand alone) by 30 basically.

    • Not trying to be offensive, but I would add second and third tier cities as viable for home ownership. Not the first tier.