There are 43,267,432 renter-occupied households, containing 110,175,847 residents, and3,213,000 vacant rental units.  43,267,432 (renter-occupied households)plus 3,213,000 (vacant rental spaces) = There are approximately 46,480,432 total rental spaces throughout the U.S.
“Renter-occupied structures” include:
Single-Family Units: 15,194,827 structures with 47,652,188 residents living in them.
2 to 4 Units: 7,777,641 households, containing 19,008,529 residents.
5 or More Units:18,299,474 households, containing37,831,895 residents.
Many believe homesteading just isn’t feasible, however, because there’s nowhere to legally live these days without paying rent or contracting a mortgage: all the land was bought up before our generation was born! (10 percent of the U.S. population owns 82% of the real estate, while only 5% of that population owns 75% of that land.).
Well, just as the Free Soil Party petitioned Congress to implement a Homestead Act decades before the Homestead Act of 1862 was passed (they also petitioned to end slavery), Wild Willpower PAC is petitioning to enact a two-part housing plan called the Right to Homestead Act, which uses “what we have in place” to make homesteading perfectly feasible:
Part 1: Re-allocates the $20+ billion in Section 8 funds to buy out rental property owners and give rental spaces to tenants.
Part 2: Re-appropriate the 18+ million abandoned properties throughout the U.S. to prospective homesteaders – people willing to fix them up and cultivate the land.
The Right to Homestead Act goes hand-in-hand with a new proposed public works program we’re petitioning for called Civilian Restoration Corps .; C.R.C employees will perform necessary repairs (e.g. electrical, plumbing, foundation, roofing) and install clean energy units (e.g. solar) onto residential units in every town and city across the country. In addition, Homesteading Starter Kits and Educational Materials help new homeowners on their path toward self-sufficiency and responsible homeownership.
Hoover, Amanda. “Your next Landlord Could Be 100 Random People.” Wired, Conde Nast, 30 Mar. 2023, https://www.wired.com/story/arrived-fractional-investment-real-estate/?utm_source=pocket-newtab.