Home ownership rate is a poor statistic to make the point you are attempting to make, particularly because homes are "bought" with debt. Saying someone can "aff

Home ownership rate is a poor statistic to make the point you are attempting to make, particularly because homes are "bought" with debt. Saying someone can "afford" a home because they are in one doesn't speak to being able to afford a home or not. Government programs to promote home ownership by taking riskier debt is an even more complicating factor. That was at the core of the 2008 financial crisis, IIRC. https://www.longtermtrends.net/home-price-median-annual-income-ratio/ https://www.longtermtrends.net/home-price-median-annual-inco... Here is a statistic that is a better measurement of affordability: "Home Price to Median Household Income Ratio."' It shows homes are less affordable. If we could see the 25th percentile it would likely even paint a bleaker picture, at least if you believe those stats.