Re:Investors bought a quarter of US homes sold last year
by kasey_junk on Tuesday August 23, 2022 @03:25PM
(#32570065)
No idea about if it’s the last train out of town but home ownership in the US is extremely high[0] (it ought to be we subsidize it like crazy).
If you go back to 1900 you see home ownership rates in the US at less than half of households[1]
The interesting thing to me is how conflated home ownership has become with housing affordability. As we’ve doubled the numbers of home owners we’ve dramatically removed the options for housing.
If you go back to 1900 you see home ownership rates in the US at less than half of households[1]
The interesting thing to me is how conflated home ownership has become with housing affordability. As we’ve doubled the numbers of home owners we’ve dramatically removed the options for housing.
[0] https://fred.stlouisfed.org/series/RHORUSQ156N
[1] https://www.census.gov/data/tables/time-series/dec/coh-owner...