It's true that statistically poor people have less access to debt, especially post-2008, but the rate isn't so low that they can be called a renter class. The

It's true that statistically poor people have less access to debt, especially post-2008, but the rate isn't so low that they can be called a renter class. The lowest income quintile in the still has a 30% homeownership rate[0]. There are a lot of places in the USA where a mortgage is a lot cheaper than renting (think rust belt), and several states have fairly strong low-income mortgage programs. [0] https://www.zillow.com/research/homeownership-by-income-9419/ https://www.zillow.com/research/homeownership-by-income-9419...