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A landlord can own multiple homes. If one person owns all of the property, ownership rates would be pretty much 0%. Owner occupied rate would be a more intere
by quickthrower 9y ago
A landlord can own multiple homes.
If one person owns all of the property, ownership rates would be pretty much 0%.
Owner occupied rate would be a more interesting metric.
There will be flaws. Not all homes are equal. People share ownership. Etc.
- IncRnd 9y agoHow does that apply to what I wrote? The discussion wasn't about low ownership rates but outrageously high home ownership rates and some amorphous optimum ownership rate.
- quickthrower 9y agoSorry I mean to say that rates can be high or low and that make a sense. But agreed: claiming something is outrageously high is silly. In the context of too much debt, if 99% of homes are purchased pre bubble there is not a problem. If 99% are purchased post bubble that's a problem. The ownership rate is irrelevant as you alude to.