You hear a lot of home ownership gloom from black-pilled youngsters these days. (See below.)
The trouble with his analysis is that he didn't look up the rate for young people today. Under-25 householder home ownership rate today is 23.7%, 2.4 percentage points above the quoted 1980 figure. Young Americans who aren't living with parents are more likely to own a home now than in 1980.
It didn’t come from some mythical story that “everyone bought a house at 25.” In 1980, 21.3% of households headed by someone under 25 were owner-occupied households. These were not young adults merely living in their parents’ owned homes, based on the 1980 American Housing Survey data reproduced by the U.S. Senate Finance Committee.
• 21.3% of householders UNDER 25 already owned their home.
• Among ages 25–34, 52.3% were homeowners.
So roughly 1 in 5 householders under 25 owned, and once you entered the 25–34 bracket, more than half did.
Source: U.S. Senate Committee on Finance, S. Hrg. 101-697, p. 89, Table 2. In 1980, 21.3% of householders under age 25 were homeowners; among ages 25–34, the rate was 52.3%.