Let's say you're married. You have a dog. Your first child is on the way, but it's 2012 and the economy's not doing so hot and you're living in your parent's basement.
You have to get out, that's for sure. So what do you do? Do you buy a house or do you buy a rental?
I'm Mark Oppenheimer, sitting in for the vacationing Colin McEnroe, and today we talk with Slate economics writer Matthew Yglesias about his new ebook, "The Rent Is Too Damn High," which argues that bad public policy and a misplaced focus on affordable housing has created a shortage of good, affordable rentals.
Ditch the mortgage, he says. Don't worry about a down payment. Owning is so 2008.
Are you a renter? Do you think our state's rent is 'Too Damn High'? Leave your comments below, e-mail firstname.lastname@example.org or Tweet us @wnprcolin and @markopp1.