this post was submitted on 20 Sep 2023
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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

Interestingly your link seems to blame it mostly on declining marriage rates? It says near the end that the majority of the decline in individual homeownership rate since 1990 can be accounted for by assuming the marriage rate stayed constant, rather than the noted decline in marriages we've seen since then. So I'm not convinced things actually were better in the 90s; couples were just getting married younger and more often, and the pooled resources allowed more of them to buy homes.

[–] [email protected] 2 points 1 year ago

Is that not the definition of better lol

But you can just look at the ballooning cost of homes, far outpacing wage growth, to see it's mathematically inevitable that it's worse.