[ItsMonkk]

How does a person becoming homeless effect the homeownership rate? They no longer get counted.

How does someone owning (and living in) multiple properties effect the homeownership rate? They count multiple times!

How does someone renting out a bedroom effect the homeownership rate? Their tenant doesn't count! This includes adult children.

You can not use this metric in the way that you just assumed you could.

[nradov]

Wrong. Instead of lying you should take a few minutes to understand how the rate is actually calculated.

https://fred.stlouisfed.org/series/HOWNRATEACS006085

[ItsMonkk]

Surely one of us is confused, but I am not lying. Here it is on the Census website. No where does the Homeownership rate depend on people. It depends on housing units.

> Housing Unit. A housing unit is a house, an apartment, a group of rooms, or a single room occupied or intended for occupancy as separate living quarters.

> Homeownership Rates. The proportion of households that are owners is termed the homeownership rate. It is computed by dividing the number of households that are owners by the total number of occupied households.

> https://www.census.gov/housing/hvs/definitions.pdf

When we get to the bottom of this we should edit the Wikipedia article if I am wrong.

> The name "homeownership rate" can be misleading. As defined by the US Census Bureau, it is the percentage of homes that are occupied by the owner. It is not the percentage of adults that own their own home. This latter percentage will be significantly lower than the homeownership rate. Many households that are owner-occupied contain adult relatives (often young adults, descendants of the owner) who do not own their own home. Single building multi-bedroom rental units can contain more than one adult, all of whom do not own a home.

> https://en.wikipedia.org/wiki/Homeownership_in_the_United_St...

[nradov]

You are lying to claim that homeless people aren't included. They are in the denominator as part of the total estimated population.

[User23]

You are confused. The denominator is the number of households. The homeless obviously don’t have households.

You could at least read the comment you’re replying to before calling its poster a liar.

[nradov]

You are confused. The denominator includes the total estimated population. You could at least read the official definition before wasting everyone's time.

[User23]

Here is the definition, from the first paragraph of the source that you yourself posted[1]:

  The United States homeownership rate represents the percentage of occupied housing units where the resident is also the owner. A constantly evolving figure, the United States homeownership rate currently rests at 65.2%, while renter-occupied housing units make up 34.8% of the national stock.

From this definition it trivially follows that a rented property becoming vacant increases the homeownership rate, because the vacant property (and the person who was renting) will both no longer be counted, at all and thus the total percentage of owner occupied units will increase.

At this point I'm not sure if you failed to read your own link, don't understand what "percentage of" means, or are just obstinately wrong, but regardless it doesn't much seem worth continuing does it?

[1] https://www.propertyshark.com/info/us-homeownership-rates-by...

[ItsMonkk]

The Census breaks the homeless population into two groups - those whom live in shelters and those who do not. They completely ignore the later. For the former, shelters are not considered housing units.

> "Census Bureau surveys do not collect data on the population experiencing homelessness and living on the streets"

> https://www2.census.gov/library/working-papers/2024/demo/seh...