Why worry about what’s good for the economy? Worry about what’s good for you and enjoy the fact that you don’t have Twitter Twits competing with you to buy.
BTW – the home ownership rate is similar to what it was in 1995, which wasn’t exactly the end of the world economically. Actually, not owning a primary residence has its benefits. For example, if you have to move 1000 miles for work, you’re mobile and more likely to take a job than be tied to your city.
The idea that every schmoe has to own a house is egalitarian nonsense. Some people simply aren’t cut out to make an expensive investment. Lastly, you’re talking about Vegas. No one whom I know who’s moved there has stayed beyond a few years. It’s a transient town and people know it. I can understand the aversion to putting down roots there.
