2 ms·
Source? The VAST majority of non-single parent families in the US still alive today owned a home. Maybe current trends are different since home ownership rate
by onlyrealcuzzo 4y ago
Source?
The VAST majority of non-single parent families in the US still alive today owned a home.
Maybe current trends are different since home ownership rates are low in young people. But family formation rates are also lower than normal.
- dragonwriter 4y agoMajority homeownership is a post-1950s thing in the US, corresponding with the beginning of the big drop in the fertility rate; the (temporary) late 1980s surge in homeownership corresponded to the start of the big drop in family formation; the recent drop is from an extremely short term spike and is still above where the late-1980s surge started. While at any given time homeowners may be more likely than their age-peer contemporaries to start families, aggregate homeownership rates don't show any sign of being a positive contributor to family formation.