Here are two charts from a recent article in The Atlantic about changing rates of homeownership across different age cohorts and time periods:
[US homeownership rate.]
Of course, the tone of the Atlantic’s piece is that homeownership is automatically a good thing, suggesting that “the economy has a Gen-X problem” because they’re not buying homes. While homeownership is automatically a good thing if you’re a realtor, in fact, the US has far higher homeownership rates than other countries. There might be lots of reasons that people don’t buy a house that have little to do with a weak job market.
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