"High homeownership" refers to a situation where a large percentage of people within a specific area or country own the homes they live in, rather than renting them from someone else. Full definition
Researchers who tracked college attendance and homeownership rate by age for those born between 1980 and 1986 concluded that college graduation is associated with higher homeownership rates. (nvbr.com)
Other developed countries with no mortgage interest deduction have similar or higher homeownership rates. (crfb.org)
Because this generation tends to possess high homeownership rates while keeping about two - thirds of their wealth tied up in their home, reverse mortgages are proving very helpful to today's retiring baby boomers. (americanadvisorsgroup.com)