jdjdthrow

jdjdthrow t1_j9ygvn5 wrote

That's measuring the proportion of households that are owner-occupied, not the proportion of people that own their own home.

If a 30-year old still lives with his parents, he's not even included in the data-- he's part of a single household with his parents. Multi-generational living arrangements have increased substantially over the decades...

It's a pretty hard row to hoe to deny that housing costs have outstripped income gains for the last xx years. On a nationwide basis, it's indisputable.

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