Timeline for A large spike in home ownership in the U.S. in 2020: why?
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| when toggle format | what | by | license | comment | |
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| Sep 25, 2022 at 18:06 | vote | accept | Richard Hardy | ||
| Dec 31, 2021 at 17:38 | answer | added | AKdemy | timeline score: 6 | |
| Dec 31, 2021 at 9:40 | comment | added | AKdemy | Lots of factors combined. The U.S. Census Bureau changed how it conducts the interviews used to produce the homeownership report due to the coronavirus pandemic. census.gov/housing/hvs/files/qtr220/impact_coronavirus_20q2.pdf insofar, measurement errors are certainly contributing to the spike as well. The response rate for the survey was 12 percentage points lower in the second quarter as compared with the first quarter for example. | |
| Dec 31, 2021 at 6:43 | comment | added | Richard Hardy | @RegressForward, but then immediately afterwards they changed their mind or another group of the population felt the urge to sell and become tenants. What sense does all that make and how to explain the magnitude of the spike? | |
| Dec 31, 2021 at 1:55 | history | edited | 1muflon1♦ |
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| Dec 30, 2021 at 22:45 | comment | added | RegressForward | Did a significant fraction of Americans rush and buy (first) homes just when the pandemic hit - yes. But not everyone lives in single family homes, so it's not like it's a 1-1 replacement. Some people own multiple homes, some were under construction or already on the market. | |
| Dec 30, 2021 at 17:16 | history | edited | Giskard | CC BY-SA 4.0 |
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| Dec 30, 2021 at 16:38 | history | asked | Richard Hardy | CC BY-SA 4.0 |