{"type":"rich","version":"1.0","title":"You don't actually want to buy a house","description":"Most Americans still see buying a home as the ultimate financial goal, but Jerusalem Demsas thinks homeownership is overrated. Matt Yglesias, a proud homeowner, disagrees. They get into why the American Dream might be a bad financial deal, what's really driving people's demand for stability, and whether the Singapore model has something to teach us.\n\nPlus a peer review of a new paper using Swedish lottery data to ask what money actually does to marriages.\n\n(00:00) Homeownership is overrated\n(04:42) The \"only path to wealth\" myth\n(10:16) The home equity piggy bank\n(17:25) The illiquidity problem\n(22:21) Homeownership brain\n(27:30) What everyone actually wants: stability\n(32:57) Rent control is back\n(35:28) A Singapore-style savings idea\n(45:17) The YIMBY case for more homeowners\n(46:45) Peer review: Lottery winners and marriage\n\nSupport the Show: Get a full transcript, show notes, and an ad-free version: TheArgumentMag.com (http://theargumentmag.com/)\n\nNew episodes every Thursday—subscribe so you never miss a debate!\n\nOnce a month, The Argument podcast does a book club episode. This month we are reading Bowling Alone by Robert Putnam. Read along if you are interested, and comment with any questions/ideas you'd like us to explore!\n\nThe Argument is produced by Justin Zuckerman, fact-checked by Eli Richman, with music by Breakmaster Cylinder and art by Ben Tousley.","author_name":"The Argument","author_url":"https://audioboom.com/channels/5173020-the-argument","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/43766254/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}