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b_b  ·  15 days ago  ·  link  ·    ·  parent  ·  post: How homeownership became the engine of American inequality

I wonder how that graph would look if they normalized to actual ownership. That is, home equity. I'm sure that huge spike in the 2000s would look just a bit different. It's really disingenuous to call something "ownership" when the bank owns 105% of the property.