Why is the United States Home ownership Rate Stuck at 1965 Levels? #infographic

Why is the United States Home ownership Rate Stuck at 1965 Levels? #infographic

The[ American homeownership] rate dropped to 62.9 percent in the second quarter of this year, not seasonally adjusted, which is the same as when the U.S. was in 1965. The census began to track the measure. During the unparalleled housing boom in the mid-2000s, the rate rose to 69.2 percent.".."The decline in home ownership is mainly due to a lag in home buying by the millennials, who have the lowest ownership rate in their age group's history.

Why is the United States Home ownership Rate Stuck at 1965 Levels? #infographic

infographic by: www.mortgagecalculators.com

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