Renters and Owners Live in Separate Economies

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6/3/2024Updated: 6/5/2024

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Commentary

It turns out renters and homeowners are living in two entirely different economies, at least according to a new study by the Federal Reserve—which, ironically enough, made it happen.

Peter St Onge

Author

Peter St Onge is an economic research fellow in the Roe Institute for Economic Policy Studies at The Heritage Foundation. He holds a doctorate in economics from George Mason University and is a former professor at Taiwan’s Feng Chia University. He blogs at Substack.com/@profstonge.

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