Earlier quoted context omitted.
This is unnecessarily confrontational and inaccurate. According to census.gov, the current national homeownership rate is hovering at about 66%, which is about the same rate that it's been (+/- 3%) since they started tracking in 1964 [0][1]. This isn't restricted to old people either: 49% of 30 to 34 year olds and 58% of 35 to 39 year olds owned a home in Q4 2023 [2]. There are certainly regional differences in housi…
You're misconstruing what census.gov says. If you look into the "definitions" section it defines "Housing Unit. A housing unit is a house, an apartment, a group of rooms, or a single room occupied or intended for occupancy as separate living quarters." and "Householder. The householder refers to the person (or one of the persons) in whose name the housing unit is owned or rented [...]" 49% of people aged 30-34 aren't…
After reading all of the back-and-forths here, I just wanted to thank you for continually being the clarifying force in this discussion, even amidst the downvotes and fallacies.
As a 41-year-old urban homeowner, I knew I was in a lucky category, but I didn't realize how difficult it actually is to know how lucky based on the available data.