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This was only ever a reality for a small segment of society that some fondly remember as if it was ubiquitous.
20 years ago, only 47% of those between 25-34 even owned one house. And that was heavily caused by white college graduates.
For 35-40, less than 70% owned even a… https://t.co/TnEqETdByitwitter.com/i/web/status/1…
20 years ago, only 47% of those between 25-34 even owned one house. And that was heavily caused by white college graduates.
For 35-40, less than 70% owned even a… https://t.co/TnEqETdByitwitter.com/i/web/status/1…
https://twitter.com/wsbchairman/status/1680624206176763909
For under-35, home ownership levels going back 40 years has never reached 50%. 
The numbers are, to no one’s surprise, far worse when you start removing disproportionate categories like college educated whites.
@TPCarney makes an excellent case, which you can hear on @charlescwcooke’s podcast and in Carney’s book on the subject, that the American dream had a lot more to do with culture and community than mere economics.
@TPCarney @charlescwcooke Dragging rates back to post-war boom 1960, ultimate time of the “you could have two houses on just a high school degree” nostalgia, less than half of 20-34s had a house. Less than 70% of 35-64 did.
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