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The homeownership rate has been remarkably stable at around 65% for the last 50 years. It generally stays within 2-3% of that number, even though it does have p
by briHass 3y ago
The homeownership rate has been remarkably stable at around 65% for the last 50 years. It generally stays within 2-3% of that number, even though it does have periodic, temporary upward and downward trends.
I wouldn't call it an actual trend unless it falls outside the typical range and stays there for more than a few years.
- nebula8804 3y agoCan we measure % of homes transferred from parents to children? I know several millennials who inherited their houses from their parents when they passed away. There is no way they would be home owners otherwise.