Money doesn’t have to be boring! Each week, CreditBloggers.com
takes a look at the lighter side of the personal finance world in a
series called Funny Money Friday.
There was a time around 2005-2006 that anyone who wasn’t buying a home was called a "chump." I remember being harangued by friends with newly acquired real estate licenses and 28 year olds with four investment properties: "Housing prices will never fall!" and "You’re throwing your money away by renting."
Now, a couple of years and one credit crunch later, I feel somewhat smug about my decision not to invest in a $700,000 1 bedroom apartment. That particular bubble wasn’t too hard to spot.
The bailout of homeowners with my tax money, while I understand it from a save-the-economy perspective, does irk me a bit. And it turns out I’m not alone. A website called AngryRenter.com is leading the revolt with a YouTube video and a petition:
AngryRenter.com is sponsored by Freedom Works, a group that campaigns for smaller government, deregulation and tax cuts. It’s not an organization I regularly support – I kind of like the fire department and the FDA - but I do have to give them props for a clever campaign that cuts straight to the bone.
Emily Davidson – A former TransUnion insider and a member of Credit.com’s expert team. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com editor.
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