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1- Why do people buy homes (vs. renting)? What are some of the economic benefits of owning a house? And if house ownership is fantastic,

1- Why do people buy homes (vs. renting)? What are some of the economic benefits of owning a house? And if house ownership is fantastic, why is not everyone doing it?

2- How does the concept of "rational" thinking explain our choice to attend college and endure a great deal of hardship just to obtain a college degree? What is the economic thinking process that goes into making such a decision?

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