Ask any American about the American Dream and you’re likely to hear about home ownership. And if that American is a Millennial, like me, you’re likely to hear that home ownership remains just that: a dream.
But even for those Americans who do own homes, what started as a dream can quickly become a drag. That’s because most homes come with 30-year mortgages attached to them. And in places with high income taxes and high property taxes such as Maryland, homeowners often struggle to stay afloat.