Want Better Communities? Get rid of Homeowners

The North American dream often hinges on owning the shelter you reside in, but with raising home prices this is a challenge for many. It may work out in the long run though as we should be creating systems that favour renters over owners since homeowners tend to hold back progress. Of course, we will need to protect renters from evictions and so on. Regardless, over at Vox they have an interesting analysis on home ownership which is worth considering:

Researcher Rachel Bogardus Drew points to more than a century’s worth of messages praising the benefits of homeownership, “everything from personal freedom and self-determination, social equality and inclusion, personal and economic success, and a better quality of life.”

One of the messages Drew cites is from a 1916 article in the Hutchinson News telling readers: “Owning a home raises one in the estimation of his neighbors and associates. … Nothing gives a man a better standing in a community than the fact that he is a house-holder, a payer of taxes on real estate.”

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