• @Viking_Hippie
    link
    205 months ago

    Home ownership is 65%.

    That’s 65% of homes are occupied by the owners, not 65% of the population owns their home.

    Those are wildly different things and people keep using the former in a likely attempt to portray the latter as much higher than it really is.

    In fact, that second statistic is impossible to find as every article or study from a mainstream or even semi mainstream source uses only the misleading one.

    Tl; dr:

    “How many homes are occupied by their owners” ≠ “How many people own their home”

    Addendum: That almost 35% of all homes are owned by someone who doesn’t live there shouldn’t be a point of pride…