[mark_l_watson]

I know people who are voluntarily becoming non-owners, which I think is a bad mistake.

One friend has always had a lavish life style, and when recently hit by cash shortage, they sold their house to a bank as a reverse mortgage. They did this 18 months ago so current high inflation is harmful to them.

Someone else I know just sold their only rental property because of high prices. Such a mistake because that rental property was a small hedge against inflation.

The World Economic Forum (the Davos billionaire club) have been test running advertisements saying that you will own nothing in the future and be very happy. To me this seems like an attack on freedom of some degree of financial independence.