[quote=SD Realtor]The problem with this is that it is to simple and it scares people. It promotes saving and responsibility for homeownership which is unheard of. [/quote]
That’s how it was done back in the day. It can be done. It’s possible. It requires less consumerism and saving. A concept that is lost, particularly to today’s generation. Heck, even older generations have adapted to today’s ways.[/quote]
It’s not an option under our economy. Over consumption and little to no savings is a policy for a reason.
Less consumerism and saving would collapse employment and require massive government intervention to spur demand and keep it from falling into a deflationary spiral.
One family saves, good for the family. All families save, the economy collapses.
