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New Federal Reserve Research Reveals Lower U.S. Homeownership Rate

A new study from the Federal Reserve Bank of Minneapolis reveals that only 53% of U.S. adults own homes, significantly lower than the traditional 65% figure. This research introduces the homeowners-to-population ratio (HPOP), which provides a clearer picture of homeownership by distinguishing between occupied homes and adult homeowners. The findings indicate that barriers to homeownership are increasing, particularly in states with high housing prices.

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Erik Hembre Francesco D'Acunto

Our neutral summary

A new study from the Federal Reserve Bank of Minneapolis reveals that only 53% of U.S. adults own homes, significantly lower than the traditional 65% figure. This research introduces the homeowners-to-population ratio (HPOP), which provides a clearer picture of homeownership by distinguishing between occupied homes and adult homeowners. The findings indicate that barriers to homeownership are increasing, particularly in states with high housing prices.

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Original Headline

Far fewer own than widely believed...

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New Federal Reserve Research Reveals Lower U.S. Homeownership Rate