The Green assault on home ownership
By Duggan Flanakin |January 14th, 2020|Economy
With millennials postponing or wholly ignoring marriage while dealing with heavy student loan debt and greater mobility, home ownership for many Americans under 35 may not be as important a goal as it has been for the entirety of the American experiment. Higher prices even for entry-level homes may also be a contributor.
This shying away from home ownership has created an environment in which those who want to destroy the right to private property can find an audience. Thus it should be no surprise that UCLA urban planning professor Kian Goh, in an op ed in far-left magazine The Nation, wrote that, “If we want to keep cities safe in the face of climate change, we need to seriously question the ideal of private homeownership.â€
Like wolves sensing weakness, some politicians have also jumped at the opportunity to propose a future without single-family homeowners. Maryland state legislator Vaughn Stewart wants to eliminate zoning regulations that protect single-family neighborhoods and instead mandate construction of tenements that will destroy property values in those “high-opportunity†neighborhoods.
https://www.cfact.org/2020/01/14/the-green-assault-on-home-ownership/