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Updated 8 months ago, 05/07/2024
Home Ownership Rate Actually Increasing...?
Thought this was interesting. Virtually everything in the news is saying there is no hope for home ownership, everyone is going to be a renter, etc., but the overall home ownership % nationally vs. renter % is actually up.
It's up compared to the 60's, 70's, 80's and most of the 90's to about 65% Nationally.
While housing is objectively more unaffordable with current prices and interest rates, when will this be reflected in the overall home ownership data?
What do you guys think?
- Jake Andronico
- 415-233-1796