drearyana t1_j9r1dxq wrote
I’m curious what the overall homeownership rate and investment property rate is as population density rises. Also, is homeownership defined by “at least 1 owned house”? Because I feel like we all have a white friend who owns an airbnb/rental property that would have otherwise been a home on the market.
Apartment_List OP t1_j9r36a4 wrote
Homeownership is actually a unit-level stat, not a person-level stat (at least that's how the census collects it). The technical definition is:
- denominator: occupied housing units
- numerator: occupied housing units that are owner-occupied
To attach person-level info like age & race, standard practice is to use info about the household head.
drearyana t1_j9r3e15 wrote
Ah, very informative! Thank you!
crimeo t1_j9sgdsz wrote
> airbnb/rental property that would have otherwise been a home on the market.
Rental properties are homes, my man. AirBNB are not.
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