Study: Does Hardship Line Up with Rental/Ownership Rates?

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Using the state of New York as a laboratory, JustRentToOwn compared county-by-county data seeking a correlation between homeownership, a classic sign of prosperity, and quality of life data. This study found a tie between density and homeownership rates, the relationship of which influenced prosperity in all but ultra-high density markets of New York City. The most prosperous combined high density with higher than average homeownership rates. The study supports previous claims tying metrics such as density and public transit access to better outcomes, and finds preliminary trends that suggest homeownership in higher/lower density is another metric worth studying when getting an understanding of prosperity.

Download the complete study.