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The Homeownership Gap Is Finally Closing – Part Four Of Five

Tuesday, February 21, 2017 4:56
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(Before It's News)

from Liberty Street Economics

– this post authored byAndrew Haughwout, Richard Peach, and Joseph Tracy

The homeownership rate peaked at 69 percent in late 2004. By the summer of 2016, it had dropped below 63 percent – exactly where it was when the government started reporting these data back in 1965. The housing bust played a central role in this decline.

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Source: http://econintersect.com/pages/contributors/contributor.php?post=201702210550

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