You don’t have to own a home to be a ‘real American’

Paul Krugman, disputing many Democrats and Republicans alike, provides a whole laundry list of the downsides.

Besides negative equity, he lists others, like long suburban commutes with today’s $4/gallon gas, and more trouble relocating to another part of the country.

Read the whole thing; plenty to think about.

And beyond “thinking,” there’s things to be upset about, like the degree to which the tax deduction deck is stacked in favor of homeowners.