2 ms·
No idea about if it’s the last train out of town but home ownership in the US is extremely high[0] (it ought to be we subsidize it like crazy). If you go back
by kasey_junk 4y ago
No idea about if it’s the last train out of town but home ownership in the US is extremely high[0] (it ought to be we subsidize it like crazy).
If you go back to 1900 you see home ownership rates in the US at less than half of households[1]
The interesting thing to me is how conflated home ownership has become with housing affordability. As we’ve doubled the numbers of home owners we’ve dramatically removed the options for housing.
[0] https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N
[1] https://www.census.gov/data/tables/time-series/dec/coh-owner.html https://www.census.gov/data/tables/time-series/dec/coh-owner...