Don’t Buy a Home — Rent & Invest!

Given that homeownership is a core concept of the American dream, and pretty much the same in the UK, this may seem like heresy, but in many cultures, people rent instead of buy and are better. Countries like Austria, Germany, France, and Japan have a much higher level of renters.

The cost of homeownership is high, especially if you live in a state, town, or county with very little appreciation of real…