USA Home-Ownership Rates Unchanged Amid Social Flux

Home-ownership rates in the USA remain unchanged since the 1960s and also a drop in home-equity value, meaning older Americans are selling to new home-owners, hence the drop in owned-equity yet no change in owning. Retirees might retire at seniors homes as new home-owners buy and occupy their houses. Amid all of this demographic and societal flux, what with immigration and globablization, Americans reach home-owner status a tad later in life, than in the 1960s (article).

the homeownership rate in the United States has remained relatively stable. However, homeowner equity has fallen steadily since World War II and is now less than 50% of the value of homes on average
the homeownership rate in the United States has remained relatively stable. However, homeowner equity has fallen steadily since World War II and is now less than 50% of the value of homes on average

research indicates that a trend toward marrying later and the increase in household earnings risk that occurred after 1980 account for a large share of the decline in young homeownership.

“Young” they mean up to 44 years old. Stay safe and healthy and you will get there.