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The number of households that are homeowners in the U.S. has fallen, ever so slightly, by 0.1% year on year. Still, today’s homeownership rate of 65% is par for the course.
Eric Hilt at Wellesley College, Carola Frydman at Northwestern University, and Tom Stapleford at Norte Dame University tell us how the U.S. become the gold standard for economic data.