Um, that is a percent of homes owned overall, not a percent of homes owned by "the middle class".
You lost track of your own argument.
edit:
The least affordable U.S. markets, and the percentage of homes for sale in each where median-income Americans can afford to buy, are:
San Francisco, 14 percent
Los Angeles, 23 percent
Orange County, Calif., 24 percent
New York/New Jersey Metro, 25 percent
San Diego, 28 percent
Ventura County, Calif., 29 percent
San Jose, Calif., 34 percent
Fairfield County, Conn., 37 percent
Honolulu, 39 percent
Oakland, Calif., 40 percent.
In addition, some popular metro areas had particularly steep drops in affordability in the past year. In Denver, the share of affordable homes slid to 50 percent from 67 percent. The figure fell to 29 percent from 43 percent in Ventura County, and to 48 percent from 62 percent in San Antonio.
Read Latest Breaking News from Newsmax.com
Study: It's Getting Harder for Middle Class to Afford Buying a Home