What’s your source for that? I’d like to see the methodology as it can make a huge difference
If I’m living with family because I can’t afford rent, some studies would consider me to be a homeowner because I reside in an owner-occupied home, despite the fact that would be a misleading statistic
Alternatively, if I’m living with a spouse/partner and they own the home, with only their name on the deed, I am still effectively a homeowner but may or may not be included depending on methodology
What’s your source for that? I’d like to see the methodology as it can make a huge difference
If I’m living with family because I can’t afford rent, some studies would consider me to be a homeowner because I reside in an owner-occupied home, despite the fact that would be a misleading statistic
Alternatively, if I’m living with a spouse/partner and they own the home, with only their name on the deed, I am still effectively a homeowner but may or may not be included depending on methodology
Source: https://www.redfin.com/news/gen-z-millennial-homeownership-rate-home-purchases/