In This Country, Most People Rent for Life. Is That Really What They Want? (Published 2023)

Same with real estate: most people, I am convinced, are happier in close quarters, in a real barrio-style neighborhood, where they can feel human warmth and company. But when they have big bucks they end up pressured to move into outsized, impersonal, and silent mansions, far away from neighbors. On late afternoons, the silence of these large galle

Among the few “converging results” on the questions above is the insight that low-income consumers prefer EDLP retailers and those with higher incomes prefer Hi-Lo retailers.

Giving up the trophy house in exchange for financial independence can result in alienation from those who are heavily socialized to middle-class status symbols. However, there are significant subcultures in which you can easily find friends and partners who put less importance on curb appeal and one-hour commutes.