Shaming Renters, NAR, and Home Ownership

It’s pretty easy to figure out why NAR put out the ad above. Follow the money. Realtors don’t get paid when people rent. They only earn a commission when buyers buy homes.

It’s not optimal, but I’m a renter. Always have been.

Am I annoyed I’m not building “equity” on a monthly basis? For sure.

Do I want to be shamed for it? Certainly not.

That said — let’s stop complaining. What about causes and solutions?

Barriers to home ownership (aka causes):

  • Housing prices
  • Access to capital for down payment
  • Credit scores
  • Income
  • Lack of affordable housing inventory
  • High rents (which make it harder to save for a down payment)


What is missing from these lists? How can we make home ownership more accessible to a broader percentage of the population?

About Drew Meyers

Founder of Geek Estate Blog / Geek Estate Labs. Zillow Alum. Travel addict & co-founder of Horizon. Social entrepreneurship & microfinance advocate. Fan of Red Hot Chili Peppers and Kiva.

Source link


HSC Management

Related posts

Burn IDX to the Ground? Bull or Bear?

Here is Something Users Can’t Understand. It’s IDX, Man.IDX perpetuates the confusion...

Continue reading
by HSC Management

Meet the Real Estate Tech Founder: Sean Harper from Kin

In our latest real estate tech entrepreneur interview, we’re speaking with Sean Harper from...

Continue reading
by HSC Management

The Community Platform Choice for Geek Estate Mastermind: Mighty Networks

The Geek Estate Mastermind was originally a combination of an email list, and a private Facebook...

Continue reading
by HSC Management