New US homeownership measure puts people first
# Summary
A new homeownership measure called the homeowners-to-population ratio (HPOP) reveals that only 53 percent of U.S. adults own their homes, compared to the commonly cited 65 percent owner-occupancy rate. The HPOP provides a more accurate metric by counting individual people rather than housing units, better capturing homeownership trends among different age groups and geographic areas. This approach offers policymakers a clearer understanding of Americans' economic well-being and housing security.
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