Re:How could Al Bundy afford a house when he was making mini...
by fngjdflmdflg on Monday November 27, 2023 @08:00PM
(#38440906)
>The homeownership rate is the proportion of households that is owner-occupied.
The main cause for the increase since 1900 was the invention of the mortgage, which did not really exist until about 1950. Loans existed, but the exact mortgage structure is a modern invention. It increased home ownership rates but also housing costs due to higher demand.
The main cause for the increase since 1900 was the invention of the mortgage, which did not really exist until about 1950. Loans existed, but the exact mortgage structure is a modern invention. It increased home ownership rates but also housing costs due to higher demand.