Home ownership rate measures the percentage of the homes occupied by their owners (i.e. how many % are not rented out). It would not show the number of young ad

Home ownership rate measures the percentage of the homes occupied by their owners (i.e. how many % are not rented out). It would not show the number of young adults who never had a chance to move out. It will also not show a difference between a single family renting a detached house vs. 5 adults sharing a rented apartment. A much more interesting metric would be the number of shared households, that appears to be rising (although I couldn't easily google up a concrete graph). >Realistically the primary people suffering versus the past re home ownership, are in select few locations like San Francisco, Los Angeles, New York City, Seattle and similar. Well, that's where the jobs are. Sure you can afford a home in Salty Creek with a median Seattle salary, but that's not what most people would want to do. These days, unless you are in STEM (big cities) or trades (rural areas), you are pretty outpriced.