home ownership
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Background: A “snail” is a slug-like creature with a shell on its back. Many snails can entirely retreat into their shells for protection, which lead people to describe the snail as “wearing its house on its back.” (This is not strictly accurate, since snails do not pay property tax.) The Issue: High cost of living…
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Background: Home ownership is frequently promoted as a “can’t lose” investment that always increases in value. The Issue: Unfortunately, it’s difficult—some might even say mathematically impossible—for housing to always increase in value, which means that some people will have bought housing and not reaped returns from it. It’s possible to increase housing values by improving…
WorstPlans: updated every Monday since July 2014! 