Homeownership No Longer Vital for the American Dream

If the couple’s relationship with their home was like a bad love triangle, it was clear which partner needed to go. Eighteen months after moving in, Mr. Berks and his wife took drastic action: They dumped their house (managing to break even), sold almost everything in it, loaded up their Subaru and drove to Honduras for a six-month adventure.

Mr. Berks said he would not recommend that solution to every homeowner. He and his wife are back in Minneapolis now, in a rental in the Uptown neighborhood, within strolling range of restaurants, bookstores and coffee shops. But looking back, he wonders why so many friends encouraged him to buy a house.

“I understand why the government or society wants people to have homes,” he said — they fix them up, and their commitment stabilizes neighborhoods.

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