3 ms·
Sentiment is not rational in this way. Ownership of a house is one of the major milestones of life. If many people are being prevented from achieving it, they
by tuatoru 3y ago
Sentiment is not rational in this way.
Ownership of a house is one of the major milestones of life. If many people are being prevented from achieving it, they are going to say things are bad.
- kasey_junk 3y agoHome ownership rates are down (a few %) from their historical highs pre 2008 but broadly higher than historical norms and trending upwards since a 50 year low in 2016. https://fred.stlouisfed.org/series/RHORUSQ156N https://fred.stlouisfed.org/series/RHORUSQ156N