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I wonder, does this correlate to declining home ownership?

A house party seems to me like a great idea if you actually own the house. But if you don't own the damn place (or, worse, houseshare), you are working full time, and are no longer in your 20s, having people over loses much of its appeal. Especially for larger gatherings.

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I did wonder about that. It mentions that lower-income individuals have less friends and thus throw less parties. But part of me wondered if that was precisely because they lacked the space to host anything more than a few friends over. Someone in a $2000/month studio apartment may not have the time nor money to try and host anything to begin with. And given costs these days, even the thought of eating out and meeting with friends is difficult.

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