Rethinking Homeownership and Housing Systems

Exploring the evolution of the American homeownership system, this chapter examines the historical background of housing subsidies, the financialization of mortgages, and the challenges in the traditional long-term mortgage model. It proposes alternative approaches like collective mortgage payments and questions the sustainability of the current system. The conversation also addresses the disparities in homeownership wealth distribution between generations and suggests deliberate appreciation of home values at the inflation rate for sustainable investment.