Debunking the Home Ownership Myth: A Changing Era

Joyce Brand

Tuesday, January 14, 2025

For generations, owning a home has been seen as a hallmark of success and stability. It’s been touted as the ultimate investment, offering financial security and a sense of accomplishment. But in today’s fast-changing world, does this traditional dream still make sense?

Modern realities challenge the ideal of home ownership. Frequent moves for work, lifestyle changes, or escaping unfavorable policies have become common. Owning a home can tie you down, making relocation difficult. On top of that, unpredictable housing markets and rising property taxes add financial risk.

Home ownership also comes with hidden costs. Beyond mortgage payments, maintenance and improvements have grown more expensive, and bureaucratic hurdles make even simple renovations costly. Increasingly restrictive zoning laws and homeowners' association rules can further limit flexibility and create unnecessary headaches.

For many, renting has become a practical and flexible alternative. Renting allows individuals to adapt to changing circumstances without the financial burden of owning a property. In innovative Free Cities, for example, residents can rent their homes while investing in the city itself, aligning personal financial goals with the community’s success.

The pride and security of owning a home remain compelling, but it’s worth asking whether the dream fits today’s realities. More people are questioning if owning a home is worth the financial and emotional strain when alternatives offer flexibility, mobility, and a stronger connection to broader investments.

To read the full exploration of this shifting paradigm, check out the detailed Substack article:

👉 Full Article on Substack

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Hi, I Am Joyce Brand

CEO Of Morazan Model Association

I am a woman who is passionate about freedom. I understand that freedom is an overused and misunderstood word. By freedom, I mean responsibility — specifically the responsibility of living without allowing any self-proclaimed rulers to make my moral judgments for me. A coercive government can impose negative consequences on me for disobeying its edicts, but I am free to the extent that I recognize my own responsibility for the risks I choose to take in following my own moral judgments. That is what it means to live free in an unfree world.

​The label that I use to describe myself is voluntaryist because it is the clearest word I can think of to describe my most important belief — that all interactions between human beings should be voluntary. There is never any moral justification for the initiation of violence or coercion. The Morazan Model Association explores the implications of that core belief.