4 ms·

I think that's a bit disingenuous. Home ownership under 35 is nearly 40%. 35 and up it increases to above 60% https://www.census.gov/library/stories/2023/07/yo

I think that's a bit disingenuous. Home ownership under 35 is nearly 40%. 35 and up it increases to above 60% https://www.census.gov/library/stories/2023/07/younger-householders-drove-rebound-in-homeownership.html https://www.census.gov/library/stories/2023/07/younger-house... has some nice statistics.

shrimp_emoji 2y ago
Those numbers are made up, just like all the others.
- WarOnPrivacy 2y ago
  Your instinct that those numbers don't match the reality you see is probably right. But it's less likely the #s are made up and more likely there are qualifiers.
lenerdenator 2y ago
It'd be interesting to see what would happen to 35 and up if you excluded everyone born before, idk, 1980, and then again if you excluded everyone born before 1965.
- WarOnPrivacy 2y ago
  > It'd be interesting ... if you excluded everyone born before ... 1980, and then again .. .before 1965 On one income, I owned my first house in 1994 for $425/mo and next in 2001 for about 2x that. Hurricanes hit elsewhere in 05 & 07 (last here 1921) & I lost the 2nd when my (mandated) insurance doubled my monthly house payment. By 2021 we could minimally survive on 1.5 incomes (did 1). Today it's 3.5 incomes (have 4).
- karatinversion 2y ago
  Luckily, the link provides just this information: 35-44: 62% 45-54: 70% 55-64: 75% 65+: 79%
pseudo0 2y ago
In case you weren't aware: > The name "homeownership rate" can be misleading. As defined by the US Census Bureau, it is the percentage of homes that are occupied by the owner. It is not the percentage of adults that own their own home. This latter percentage will be significantly lower than the homeownership rate. https://en.m.wikipedia.org/wiki/Homeownership_in_the_United_States https://en.m.wikipedia.org/wiki/Homeownership_in_the_United_...
- swores 2y ago
  To add to what you said, and make it a little easier to visualise why it's misleading: If you have one person living on their own in a house they own, and four people renting bedrooms in a shared house, the home ownership rate is 50% despite only 20% (1 of the 5) of the people being home owners. If the home owner then rents out one of their bedrooms to someone expanding the population between the two houses from 5 to 6, then home ownership rate is still 50% but now it's 16.6% (1 in 6) of people who own a home.

shrimp_emoji 2y ago

Those numbers are made up, just like all the others.

WarOnPrivacy 2y ago
Your instinct that those numbers don't match the reality you see is probably right. But it's less likely the #s are made up and more likely there are qualifiers.

lenerdenator 2y ago

It'd be interesting to see what would happen to 35 and up if you excluded everyone born before, idk, 1980, and then again if you excluded everyone born before 1965.

WarOnPrivacy 2y ago
> It'd be interesting ... if you excluded everyone born before ... 1980, and then again .. .before 1965 On one income, I owned my first house in 1994 for $425/mo and next in 2001 for about 2x that. Hurricanes hit elsewhere in 05 & 07 (last here 1921) & I lost the 2nd when my (mandated) insurance doubled my monthly house payment. By 2021 we could minimally survive on 1.5 incomes (did 1). Today it's 3.5 incomes (have 4).
karatinversion 2y ago
Luckily, the link provides just this information: 35-44: 62% 45-54: 70% 55-64: 75% 65+: 79%

pseudo0 2y ago

In case you weren't aware: > The name "homeownership rate" can be misleading. As defined by the US Census Bureau, it is the percentage of homes that are occupied by the owner. It is not the percentage of adults that own their own home. This latter percentage will be significantly lower than the homeownership rate. https://en.m.wikipedia.org/wiki/Homeownership_in_the_United_States https://en.m.wikipedia.org/wiki/Homeownership_in_the_United_...

swores 2y ago
To add to what you said, and make it a little easier to visualise why it's misleading: If you have one person living on their own in a house they own, and four people renting bedrooms in a shared house, the home ownership rate is 50% despite only 20% (1 of the 5) of the people being home owners. If the home owner then rents out one of their bedrooms to someone expanding the population between the two houses from 5 to 6, then home ownership rate is still 50% but now it's 16.6% (1 in 6) of people who own a home.