Friday, January 19, 2007

Should I feel sorry for this person??

I'd love to cheer for someone who takes the plunge into homeownership, but this story highlights the fact that some people are probably better off remaining a lifelong renter.

I applaud the city for trying to educate people about the costs of home ownership. At the same time, I laugh at the people who say things like this:

"Like so many of us who came of "real estate-owning" age in the past decade, she'd incorporated the idea that real estate always goes up into her world view."

This kind of fiscal ignorance seems rampant in the city and at all levels - from the woman mentioned in this story to the politicians who run this place. Maybe a dose of real world reality will do this woman some good.