Re:How could Al Bundy afford a house when he was making mini...
by tmnvix on Monday November 27, 2023 @09:18PM
(#38441495)
> "The homeownership rate is the proportion of households that is owner-occupied."
Often overlooked and makes it possible to have a steady 'homeownership' rate while the actual proportion of young adults that own homes falls off a cliff (i.e. due to the obvious trend towards adult children living with parents longer).
Re:How could Al Bundy afford a house when he was making mini...
by refulgentis on Monday November 27, 2023 @08:41PM
(#38441193)
You seem to feel everyone else is being very tauted and convenient and air-quoted
Re:How could Al Bundy afford a house when he was making mini...
by dylan604 on Tuesday November 28, 2023 @12:47PM
(#38448543)
What is being air quoted? I pulled a direct quote from the link provided by the comment I replied to, hence my use of the quotes. The question is where in all of the stats on home ownership are the homes owned by companies where it is not the primary domicile of the owner. I'm ignoring summer homes or other vacation/2nd homes, but there are a lot of homes that have become part of investment portfolios. How do these factor into the %?
"The homeownership rate is the proportion of households that is owner-occupied."
Which seems contrary to the story being told that more and more homes are owned by corporations. At least this is a reason being tauted when questions about single family housing inventories are low.
Also, that stat conveniently stops before 2007-2008 housing collapse. So maybe that's where the disagreement begins???