- Do you own your home? If yes, why? If no, do you aspire to own or think it’s not worth it?
Question of the Week
Do you own your home? If yes, why? If no, do you aspire to own or think it’s not worth it?
Posted Oct 2, 2013 12:00 PM CDT
By Sarah Mui
This poll ended on Tue, October 29, 2013 - 3:30:14.
Yes, I am a homeowner.
748 votes (57.1%)
No, I am a renter.
399 votes (30.46%)
I live with family members.
163 votes (12.44%)
Earlier this year, a law professor concluded that because of high debt loads and a bleak job market, nearly half of 2011 law school graduates can't afford to buy a home.
And last week, tax law blogger (and law grad who has written about having significant school debt) Kelly Phillips Erb wrote about selling her home and deciding to become a renter. She pointed out some faulty conceptions about the tax advantages of home ownership.
So this week, we'd like to ask you: Do you own your home? If yes, why? If you rent or have another sort of living arrangement, do you aspire to one day own a home, or do you think there are better ways to invest one's money?
Answer in the comments.
Read the answers to last week's question: Write a 'Six-Word Memoir’ of your law career.
Featured answer: (Thanks to SMITH Magazine's founder and editor Larry Smith for helping us choose our featured "Six-Word Memoir".)
Posted by BIGLAWFANTASYLEAGUE SWOON: "Living life in increments of .10."
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