Rate Increases Jeopardize Much More Than Just US Home Ownership

Rate Increases Jeopardize Much More Than Just US Home Ownership
A home for sale in Mount Lebanon, Pa., on Sept. 21, 2021. Gene J. Puskar/AP Photo
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Commentary

Someone once said that you never actually “buy” a home. Instead, you merely commit to paying an annuity: the mortgage.

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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