My daughter is killing it on US work visas and remotely and the money she's making now is huge. It is possible in today's world to start from scratch and excel to levels most don't expect until they get there. That being said, I'd love to see the US find constructive ways to establish a better social safety net. Immigration is a major positive especially in an aging population; it's not immigration creating social problems and poverty in the US.
That's the percent of Americans who live in households where at least one of the owners live on-site. Since not all household members are owners, the actual percentage of Americans that own homes is far lower than 65%. Back of the envelope -- somewhere between 25% (if title is held by a single owner) and 50% (joint tenancy). FYI there are about 83 million owner occupied homes in the US, and upwards of 330 million people. The percentages are lower in dense urban areas or other high-cost locales.
I actually did a back of the envelope calculation and got to about 44% homeownership with a simplifying assumption that nobody under 20 owns homes. As you pointed out, multi occupancy of homes by several adults pushes this number even lower.
Not sure why we got off on this tangent on home ownership.... there no longer is any requirement to live in a city to make a living or start any business. Even wealthy people are moving out of cities. There are plenty of opportunities for immigrants with nothing to come here and make a way better living and be comfortable even if they dont seem rich to you or a billionaire.
No one has a problem with legal immigration. The problem stems from too much illegal immigration. The system gets strained and collapses. Why not let in large quantities of Iranians, Russians, and Chinese? Plenty of them need help too. In fact, according to your logic we should be letting in 10's of millions of people a year to help our great country.
That's quite a reach. Not everyone from Africa had emerald mines & came from privilege like Musk. One could assume the family came from money since they had a car worth car jacking. The reality is most immigrants in the US come in through family ties. So yes, one can make a claim that having a citizen sibling or step dad is a privilege. It gives no one a leg up over the native Joes.
nobody here said open the borders and let them all in..this thread isnt even about illegal v. legal immigration. try and keep up