New Homeownership Measure Finds Only 22% of Young People Own Homes
Developed by the Federal Reserve Bank of Minneapolis, a new homeownership measure—the homeowners-to-population ratio (HPOP)—aims to provide an alternative to better reflect the share of adults who are homeowners, as the path to the American Dream for young people remains uncertain. In a July 15 release, economists Erik Hembre, Maxine Xu and Ben Horowitz introduced…
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