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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jack of All Trades who wrote (45795)11/18/2005 3:13:25 PM
From: GraceZ  Read Replies (1) of 110194
 
The homeownership rate (around 69%) is taken from Census household data, how many households out of the total number of households own their own home. Households are a distinct data set from housing units.

If it was taken from the data around housing units themselves you'd see that the number of houses that are owner occupied is a much lower percentage of all houses (around 60%) reflecting that a large number of vacant or seasonally vacant houses are owned by households that own more than one home. Page 3 has that data:

census.gov
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