[rayiner]

Home ownership rates blipped down after 2008 and recently during COVID, but are still higher now than they were in the 1990s, which is higher than they were in the 1960s. Rents have gone up, but I think you’re overlooking what share of low end workers used to rent rooms or board with other workers. Lots of temporary housing situations that were common then aren’t even legal now.

I think the difference is that education levels grew much faster than the real economy. A lot of college graduates don’t realize that 50 years ago they would’ve been renting a bedroom from some middle class person instead of having their own crappy and too-expensive place.