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

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

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

infographic by: www.mortgagecalculators.com

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