[marxisttemp]

Home ownership is a distant dream for most Americans, and the sort of rentals that have parking AND EV charging tend to be extremely pricy luxury new-builds.

Gas is unfortunately going to be around for a long, long time for normal working-class Americans.

[vel0city]

Home ownership rate today is pretty similar to what it's been for decades.

[marxisttemp]

It’s been bad for decades. Nobody can afford housing anymore. Get out of the tech bubble

[vel0city]

I don't necessarily live in a "tech" city, far away from California.

Many people my age own their homes around me. They work in HR, they work in finance, they work in construction, they work as insurance sales.

The median home price for a lot areas around me is ~$500k. Meaning there's also a lot of homes <$500k. And I'm in one of the largest metro areas in the country with a bus stop right outside my door, so it's not like I'm in the sticks.

https://fred.stlouisfed.org/series/RHORUSQ156N

2000Q1: 67.1%

2024Q3: 65.6%

Go back even further to 1990Q1, and it was 64%. It had a peak of 69.2% in 2004Q4. In the 80s it was pretty much 63-64%.

Get out of California.

[floxy]

Homeownership Rate in the United States

https://fred.stlouisfed.org/series/RHORUSQ156N

[more_corn]

^ This is patently false.

[marxisttemp]

Which part.