New US Homeownership Measure Puts People First

New US homeownership measure puts people first

I introduce the homeowners-to-population ratio, or HPOP, to replace the traditional owner-occupancy rate. This new metric counts individual adults rather than housing units, revealing that the true US homeownership rate is 53 percent, not 65. By including adults living with owners or in group quarters, we gain a clearer view of economic well-being and demographic trends.

"More than one in eight of the nation's adults are misrepresented in the most-cited statistic on homeownership."