• federalreverse-old@feddit.de
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      1 year ago

      the worst states aren’t under 50%.

      I wouldn’t necessarily classify private home ownership as good or bad.

      For one, there are different styles of living and if you need something small or need to move a bit more often, renting often makes more sense.

      Then there’s the more fundamental question if private home ownership actually means exactly that — in many cases, the home is basically still owned by the bank. The mortgage crisis hit really hard in countries with supposedly high home ownership like the US and Spain.

    • Gollum@feddit.deOP
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      1 year ago

      The homeownership rate declined in 82% of states between 2005 and 2020.

      🪦