There is an old joke - person A says "I wish I had enough money to buy an elephant." Person B replies "What would you do with an elephant?" Person A says "I wouldn't buy one, I just wish I had enough money to."
Before I wrote this comment I saw that less than a third of families in California can afford to buy a home. Perhaps for an individual family we could make the argument that they are somehow better off not buying, but I'm not sure it's a good thing that very few of them actually could if they wanted to.
Before I wrote this comment I saw that less than a third of families in California can afford to buy a home. Perhaps for an individual family we could make the argument that they are somehow better off not buying, but I'm not sure it's a good thing that very few of them actually could if they wanted to.