Shifting Family Structure Hurting Homeownership


When researching our new book Big Shifts Ahead, we learned that 40% of all kids are born to an unmarried mom, and 32% of all kids live with only one parent.  Single-parenting has been on the rise for decades.  The expenses of raising children alone make it very difficult to become a homeowner.

Moms are three times as likely to be the single-parent, but single dads are rising at a faster rate.

  • 24% of kids live primarily with Mom (a 400% increase since 1960)
  • 8% of kids live with Dad (a 900% increase since 1960).

In our book, we identified four external influencers that have shifted demographics over time.

Most articles on falling homeownership have focused on two influencers – government policy and the economy.  Clearly, societal shifts (one of the four influencers) has also played a large role.

Many have questioned our forecast of a sub 61% homeownership rate by 2025 as overly bearish. If they would only just run the math themselves, they would realize that is where American homeownership is trending.

 


John Burns If you have any questions, please contact John Burns at (949) 870-1210 or by email.