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The situation with homeownership and rent is undoubtedly much worse compared to generations past, as that article argues. But that's looking at changes over a d
by cal85 3y ago
The situation with homeownership and rent is undoubtedly much worse compared to generations past, as that article argues. But that's looking at changes over a decades timescale, during which the economy has gone through many periods of growing and shrinking. That's a socio-economic shift over generations - very interesting, but not really relevant to the question of whether we're in a recession/downturn right now, which is about whether things are currently getting better or worse, quarter to quarter.