Sorry, you may have some valid point in mind, but your formula doesn’t make any sense and the momentary home ownership rate is simply a floor on what share of p

Sorry, you may have some valid point in mind, but your formula doesn’t make any sense and the momentary home ownership rate is simply a floor on what share of people might own homes “when they grow up”. Everyone might die in a home they own someday and the momentary home ownership could still be very low. It doesn’t say what you think it says, here.