>> In the USA, over 60% of housing units are owner-occupied
Does that include houses with mortgages? Because in my opinion if you're not really the owner until you've paid off your mortgage fully.
Does that include houses with mortgages? Because in my opinion if you're not really the owner until you've paid off your mortgage fully.
Your point makes me wonder if mortgages just had the effect of transferring rents from landlords over to banks.