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> … turning the US into a nation of renters. The data doesn’t seem to support this, at least not yet. The owner occupancy of units has been increasing since 20
by topkai22 5y ago
> … turning the US into a nation of renters.
The data doesn’t seem to support this, at least not yet. The owner occupancy of units has been increasing since 2016 and increased after 2020.
The increase in housing prices has been extraordinary, but seems in large part due to people who actually intend to live in that housing.
See:
https://fred.stlouisfed.org/series/EOWNOCCUSQ176N https://fred.stlouisfed.org/series/EOWNOCCUSQ176N
https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N
- Ericson2314 5y agoI wish it were true, because single family house homeownership is an unsustainable 1950s meme. Better we take the red pill asap and get on with appartments.