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Homeownership and Housing Equity in the Mid-Twentieth Century
Housing is an important component of wealth for most American households (Bricker, Moore and Thompson 2019; Kuhn et al., 2020), so studying trends in homeownership can shed light on changes in aggregate household wealth and how it is distributed across families. The aggregate US homeownership rate increased by 20 percentage points from 1940 to 1960, the largest change in American homeownership in the past 100 years.