[raybbr]

Homeownership is at an all time high with home prices at all time highs.

Man, you got all the super-capitalist talking points covered. Hardly anyone "owns" their home. The bank does. Even the right to do with your property what you will is gone. You need a permit to build a damn shed these days.

[JasonC]

Home equity is also at all time highs. People most emphatically do own their homes. They also hold cash in bank accounts equal to all the mortgages there are - do you think banks don't have debts as well as assets?