Real Estate the American Dream? or Nightmare?
English


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About The Book

Living The American Dream. The American Dream Is Alive And Well But You Must Show Up Take Action And Work Hard. You See 85% Of Life Is Showing Up The Other 15 Is Making A Decision And Taking Action And The Last 5% Is Just Good Old Hard Work! America Is The Land Of Opportunities And Achieving Your Dreams Is Possible Here. This Is The Place Where Your Dreams Can Come True If You Really Believe In Them.Having A Home In America Is A Very Important Part Of The American Dream. In Fact Having One’S Own Home Was So Important That Saving Up For The Down Payment Of Your House Was Considered A Commendable Goal. The Tax Structure Of The Country Also Offered Incentives To People Who Wanted To Take A Mortgage And Buy A House. It Was Conventional Wisdom That Buying A House Was Better Than Renting One Because Real Estate Prices Could Head Only In One Direction—Upwards. Buying A Home Was Considered A Part Of The Settling Down Process; A Resting Place For Retirement And A Security Against Financial Troubles.. In Simple Words To Own A Home Was American Dream And To Rent Was Something Lesser. Over The Years Every Generation Came Up With Its Own Reasons All Of Which Claim That Home Ownership Was Part Of National Pride And The Nation’S Saving Grace. So Much So That Buying A Home Almost Became Synonymous With A Character Building Exercise.
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