Thank you for mentioning this! There's this weird, persistent meme that large corporations are buying up all the housing and nobody owns homes anymore, which is fundamentally not supported by the data.
There are shifting trends in generational home ownership rates, but these are still just initial trends we're seeing. If you look at the data [0] owner occupied has gone down from the 2000s housing bubble, but in the grand scheme of things is not even particularly low.
People also have this mistaken belief that investors like Black Rock are buying up huge swaths of property, when in reality most "investment" properties are bought by families and individuals, consider anyone who know who owns an AirBNB rental or other rental property, they would be considered "investors".
Most Americans still live in a house, and own that house (or at least, some member of their household owns it).
0. https://fred.stlouisfed.org/series/RHORUSQ156N
There are shifting trends in generational home ownership rates, but these are still just initial trends we're seeing. If you look at the data [0] owner occupied has gone down from the 2000s housing bubble, but in the grand scheme of things is not even particularly low.
People also have this mistaken belief that investors like Black Rock are buying up huge swaths of property, when in reality most "investment" properties are bought by families and individuals, consider anyone who know who owns an AirBNB rental or other rental property, they would be considered "investors".
Most Americans still live in a house, and own that house (or at least, some member of their household owns it).
0. https://fred.stlouisfed.org/series/RHORUSQ156N