> people who want to be housed are having to stretch their funds as far as they possibly can to keep up with the market currently being made by investors and landlords.
I'm sympathetic to the difficulties people are facing right now, and I've seen the stories about housing being purchased by investors. The issue is that the data doesn't seem to indicate a structural change in ownership [0]. Home ownership appears to have peaked at 69.4% in 2004 and now sits at 65.4%, the same level as in 1980.
I'm sympathetic to the difficulties people are facing right now, and I've seen the stories about housing being purchased by investors. The issue is that the data doesn't seem to indicate a structural change in ownership [0]. Home ownership appears to have peaked at 69.4% in 2004 and now sits at 65.4%, the same level as in 1980.
[0] https://fred.stlouisfed.org/series/RSAHORUSQ156S