11–20 of 82 posts
Interesting introduction for a missing article. And that graph… maybe the funniest part is when they chose to only represent a single decade and then note that one of those ten years doesn’t even have data.
IIUC, it's because the data only goes back to 2010. https://data.census.gov/table?q=Owner-occupied%20units%20wit...
Earlier quoted context omitted.
IIUC, it's because the data only goes back to 2010. https://data.census.gov/table?q=Owner-occupied%20units%20wit...
Is the value according to the survey participant?
https://www.census.gov/acs/www/about/why-we-ask-each-questio....
(There's a blue-green box midway down the page that you can expand to see the actual questions.)
On alternate days we discuss the fact that REITs buy homes for cash.
Interesting, given all of the articles about increasing consumer debt. I'd guess that a lot more people are motivated to do this, with mortgage rates fluctuating upward so quickly over the last couple of years.
Interesting, given all of the articles about increasing consumer debt. I'd guess that a lot more people are motivated to do this, with mortgage rates fluctuating upward so quickly over the last couple of years.
Or it just could be more polarization between the haves and have nots in the economy. Fewer in the younger generations can afford housing than previous generations could at that age, so the pool of US homeowners is going to skew to the older, more financially established boomer generation who bought homes decades ago for much cheaper.
Interesting, given all of the articles about increasing consumer debt. I'd guess that a lot more people are motivated to do this, with mortgage rates fluctuating upward so quickly over the last couple of years.
Or it just could be more polarization between the haves and have nots in the economy. Fewer in the younger generations can afford housing than previous generations could at that age, so the pool of US homeowners is going to skew to the older, more financially established boomer generation who bought homes decades ago for much cheaper.
In California, the haves will have houses. The have nots will have ADUs.
Our world is structuring itself to (more) obviously reveal the wealth disparity.
I love this kind of advice. It's so typical from someone who thinks they're self-made with no appreciation for their circumstances