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How does that apply to what I wrote? The discussion wasn't about low ownership rates but outrageously high home ownership rates and some amorphous optimum owne
by IncRnd 9y ago
How does that apply to what I wrote? The discussion wasn't about low ownership rates but outrageously high home ownership rates and some amorphous optimum ownership rate.
- quickthrower 9y agoSorry I mean to say that rates can be high or low and that make a sense. But agreed: claiming something is outrageously high is silly. In the context of too much debt, if 99% of homes are purchased pre bubble there is not a problem. If 99% are purchased post bubble that's a problem. The ownership rate is irrelevant as you alude to.