Just recently, I spoke with Andrea Riquier, MarketWatch's reporter on housing, about the issue of affordability and current housing trends in the U.S.
One of the interesting points we discussed is the issue of a "house" as a representation of the "American Dream."
I cannot entirely agree.
A House Is Mostly An Expense
When it comes to home ownership, people mainly suffer from the "psychological" issue of "anchoring," where an individual is "tied" too heavily to an initial piece of information which affects decision making. This occurs specifically with respect to home ownership.
I seriously