A national problem. Homeownership levels at their lowest since 1967.https://twitter.com/bw/status/631828079598546944 …
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@NickTimiraos meaning millennials are forming families but can't or won't purchase?
@kimmaicutler Now, things actually look worse because the numerator is not growing but the denominator is. A problem, but a different one.
@NickTimiraos it requires a different kind of housing stock w fewer nuclear families, SF homes
@kimmaicutler yes. the homeownership rate is owner households/total households. During crisis, both shrunk.
@kimmaicutler as usual, @jedkolko is much better on this point than I am http://economix.blogs.nytimes.com/2014/01/30/why-the-homeownership-rate-is-misleading/ …
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