Good. Homeownership should be MUCH lower than 64%.
45% is probably ideal, considering 55% of homeowners don’t keep their homes up, don’t value their neighbors, and don’t manage their debts well enough to deserve them anyway.
I can’t tell you how many neighborhoods I’ve lived in that slid into the abyss of “Slummyville” over the past 62 years.
There are also a lot of “get rich quick flipping houses” and “rent-out your vacation home for a few weeks and live free in it” shows.