2 ms·
That chart says "The homeownership rate is the proportion of households that is owner-occupied." Affordability does not mean "owner occupied". People who mortg
by sidewndr46 4y ago
That 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.