Ownership Generation is Aging

Seniors have the greatest homeownership rate, well exceeding the national rate for all age groups.  Including to a report from Employee Benefit Research Institute, Americans over the age of 50 are less likely to rent until they are into their seventies.

At age 50, 73 percent of households report living in houses they own.  That rate increases to 81 percent at age 65, then declines slightly to 77 percent by age 75.  From there, rates decline steadily, but a majority of seniors still live in homes they own, even at age 90.

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