Season 1 · Episode 413
Our obsession with ownership
Our need to own a home is pushing prices ever higher. We’ll stretch ourselves financially to secure our future. But how different would the economy be if we weren’t so in love with homeownership?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
July 24, 202439m 25s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
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?
Hosted on Acast. See acast.com/privacy for more information.