New US homeownership measure puts people first
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New US homeownership measure puts people first
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Re: New US homeownership measure puts people first
#2[flagged]
Re: New US homeownership measure puts people first
#3No mention of vacation homes, homeless people, or some other situations - but their new metric appears to treat those properly.
(Yes, I saw the reference to dorms, nursing homes, & prisons.)
Re: New US homeownership measure puts people first
#4[flagged]
[flagged]
Re: New US homeownership measure puts people first
#5Looking at the statistics that are used to measure growth and performance at a population level are such a great window into how they themselves are opinionated stances.
The two measures are both great measures of house ownership that measure different things. The article frames the second one as better, and if you are looking to see the ownership proportion of people (for example as they note to look at the numbers of young people who live with parents) thats great. If however you care about the housing development decisions that will incentivise owner occupancy you might care more about the standard owner occupancy per household.
I often see this with respect to GDP/GDP per capita vs mean income and other economic measures, but its great to see a non economic measure like this compared in this way.
Re: New US homeownership measure puts people first
#6[flagged]
What's really interesting is the extreme hypocrites like Nigerians that will show up and buy US property but then outlawing you from doing the same thing in their country because they don't want Americans or others doing the thing they did.
Re: New US homeownership measure puts people first
#7[flagged]
You mean they are building homes for AI agents?
They now live in the data centers, taking your jobs. That is what the Big Tech companies and the Big AI companies are paying for.
Re: New US homeownership measure puts people first
#8[dead]
Re: New US homeownership measure puts people first
#9Looking at the statistics that are used to measure growth and performance at a population level are such a great window into how they themselves are opinionated stances. The two measures are both great measures of house ownership that measure different things. The article frames the second one as better, and if you are looking to see the ownership proportion of people (for example as they note to look at the numbers…
> If however you care about the housing development decisions that will incentivise owner occupancy
Genuine question: who, precisely, cares about "incentivising owner occupancy" as a policy goal? What interest does that serve and why should the government prioritize maximizing that metric?
Basically right now we measure "what fraction of homes are occupied by an owner" and not "what fraction of people live in their own home?". It seems bleedingly obvious that the latter is the number we should be maximizing, if either. And in particular it seems to me that a lot of argument about the former is actually using it as a proxy for the latter anyway.
No one cares about the poor homes who don't have local owners!
Re: New US homeownership measure puts people first
#10[flagged]
What's really interesting is the extreme hypocrites like Nigerians that will show up and buy US property but then outlawing you from doing the same thing in their country because they don't want Americans or others doing the thing they did.
US-migrated Nigerians are driving Nigeria's local home ownership policy? Why? How?
It seems more likely what you're seeing is the kindred spirit between parochialists of all colors. And if only they could see through the "colors" part they'd realize they're not so different after all.