3 ms·
Skimming the FRED data [1], we've had lots of ups and downs since the 60's, but are basically flat since 1980. It does look like Clinton's policies had an effec
by spicyusername 4y ago
Skimming the FRED data [1], we've had lots of ups and downs since the 60's, but are basically flat since 1980. It does look like Clinton's policies had an effect, but mostly to cause a small boom / bust cycle. The entire graph only takes place between 63% and 69%, so not that big of a change.
The Clinton-era policies did seem reverse the trend in the 80s, so that's something. Hard to say if post-pandemic inflation will disrupt that though.
1: https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N
- sidewndr46 4y agoThat chart says "The homeownership rate is the proportion of households that is owner-occupied." Affordability does not mean "owner occupied". People who mortgage 99% of the value of a home count under that category. Having a mortgage that will take you the rest of your adult life to payoff is not affordable under any real use of the word.