A snarky post written for The Atlantic identifies a forgotten culprit in the country's dropping homeownership rates: Generation X.
Citing Census statistics released October 28, 2014 [pdf], Derek Thompson examines the question of why homeownership has reached a 19-year low. Instead of blaming Millennials (Thompson notes that there's practically a journalistic duty to blame everything on Millennials), the article finds a surprising trend: "there's another cohort turning away from homes even faster—Gen-X. That's right, Americans between 35 and 44 have had the sharpest drop in homeownership since the recession struck, far outpacing the national rate."
Moreover, "if you reproduce this experiment for every age cohort, you arrive at a surprising picture (for Millennial critics, at least). In the last 20 years, homeownership has fallen less for young people than for any other age group under 64." [Emphasis is from the original.]
FULL STORY: Homeownership in America Has Collapsed—Don't Blame Millennials
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Harvard University Graduate School of Design
Harvard University Graduate School of Design
Harvard University Graduate School of Design
HUD's Office of Policy Development and Research
Cohousing Association of the US
HUD's Office of Policy Development and Research
City of Crystal River
Sun City Center Community Association, Inc
City of Mesa
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This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Hand Drawing Master Plans
This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.
