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Why I rent, despite low mortgage rates

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Fortunately for Americans, as I’ve mentioned before, most of the world’s developed countries will face labor shortages in the coming years that will force them to hire outsiders. This is good news for Americans who may not be able to find work at home. Maintain global skills and a valid passport, and you’ll be able to find work. Somewhere.

It is true that the digital age permits global call centers in Kolkata, India, and allows radiologists in Singapore to read MRI scans of Alaskans, but the global economy still requires flexibility and mobility. At the very least, you won’t be tied to an unloadable duplex in Las Vegas or Youngstown, PA., when rewarding work awaits you in Lubbock, Texas, if you can easily move around. The only thing worse than being broke is being broke and immobile. A mobile person, by definition, can’t be in a rut, right?

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