General Discussion

But home ownership rates don't really move all that much. We crossed 60% in the early 1960s and since then it's tracked between 62 and 69. We're at 65% right now, but trending a little down. The 60 year low was in 2016 at 62%.

So people are still buying homes, and ownership is around the same as it's been for several generations now. Sure, it's more difficult now than it was 8 years ago, but it's still easier than it was in the late 70s and early 80s interest rate wise. It's such a good investment in so many ways, that people will find a way in tough times to scrape enough money together to buy. It's not a crisis anbd likely won't be. Stinks for people who can't quite buy right now, but it's not a crash in home ownership rates that would signal something big has changed.

I do think we can help people more, but we're not in a free fall or anything.