News for hackers. Stuff that matters.

A comment on Governments Should Compete for Residents, Not Businesses. Parent comment

Re:Governments Should Compete for Residents, Not Businesses by mcguire on Wednesday March 08, 2023 @03:25PM (#35074280)
As AlgorithmicTime (now dead) wrote, American home ownership rates peaked in 2004 at 69%, fell to 64% in 2016, and are back up to 66%. (https://www.statista.com/statistics/184902/homeownership-rat...)

In California, it's about 56%. You gave to get San Francisco proper to get a minority and then it's still 38% (https://www.census.gov/quickfacts/fact/table/sanfranciscocou...)

[ Parent | on HN ]
Re:Governments Should Compete for Residents, Not Businesses by kilgnad on Wednesday March 08, 2023 @04:55PM (#35075277)
You have to look at age and location. If you characterize the whole US you're including people who are much older and people who live away from very urban areas.

Among older people and in small towns and villages the housing problems, are of course, much milder.

[ Parent | on HN ]