How do you decide what is most accurate? There are so many different views on property. This is mostly because there are so many different people with different experiences. People, generally, will find what they are looking for. If they don’t like renting, or landlords, or banks, they will find ideas and data to back up their perspective. And if a person likes investing, DIY or moving around a lot, they will find data and ideas that will support those perspectives.
However, let’s ignore, for the moment, all of the opinions about property that are being expressed these days, based on the current situation. Remember to take things back 200 or even 500 years ago to get some real perspective. 500 years ago, people used houses as shelter, to protect themselves from the elements.
I would imagine most people, save for the hardened cynics, would agree housing is better now than it was 500 years ago. Electricity, heating systems, indoor plumbing, fresh running water, television and wi-Fi to name just a few modern miracles.
Preferences for owning your own property or renting one, is based on emotion and your desires in your imagined perfect world. But when it comes down to the very basic idea of having shelter from the wind, the rain and the cold, you probably wouldn’t care too much about the mechanism for having access to that property.
Have a look at this video put out by The Economist a couple of days ago. Try to watch it unemotionally. There are quite a few comments and points that could be debated. See if you can challenge your own perspectives and see the other points raised.
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