Re:Maybe Treating Housing as an Investment Was a Colossal Mi...
by Keegs on Monday March 06, 2023 @01:56PM
(#35045851)
The majority of homes in America are occupied by their owners (this is what home-ownership rates measure). It is not true to to say the majority of American adults are homeowners - that ratio is a lot lower.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi...
by aeternum on Monday March 06, 2023 @02:40PM
(#35046514)
Looking at the flip statistic, 36% of households rent so the numbers do seem to add up.
For many households, some of the residents may not technically share ownership of the house (not on the deed) such as kids or extended family living together, but still have a vested interest in the value going up.