Federal Reserve Study Reveals Lower Actual Homeownership Rates in the U.S.
A new study by the Federal Reserve Bank of Minneapolis has introduced a measure called the homeowners-to-population ratio (HPOP), which reveals that only about 53% of U.S. adults actually own homes. This is significantly lower than the traditional homeownership rate of 65% reported by the U.S. Census Bureau, which measures the share of occupied homes where the owner lives. The HPOP provides a clearer picture by distinguishing between homes occupied by their owners and the share of adults who own property. The study highlights that many adults live in owner-occupied homes without owning the property themselves, such as adult children living with parents or people living with roommates who own the property. 
