">60% of Americans own stock" does not tell the whole story.

First, how many Americans only own stock as part of their 401(k) or IRA and can't liquidate it without affecting their retirement?

Second, how many Americans own stock portfolios with sufficient value that they could liquidate them and purchase a house for cash, as the initial response implied? I guarantee you it's less than 60%.

How did I imply that?

I'm talking about down payments, paid for by stock sale, 401k, or IRA loans.

Maybe I'm crazy and you're right, but I think most people use these vehicles to save for and fund their house purchase, not a regular savings account.

No, retirement accounts are not for saving to buy a house.

Your loss. They are a good pre-tax investment vehicle. Last I checked you could take $10K out of ira and $50k out of a 401(k) for home down payment or new builds.

You have to pay back with interest, but the interest goes to you.