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July 28, 2015 11:13 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/0Rm4hqTgwXU/u-s-home-ownership-rates-drop.html
U.S. home ownership rates drop to lowest level in 48 years
U.S. homeownership rate is 63.4%, the lowest since 1967. Bloomberg blames it on a combination of "stringent mortgage standards and wage growth that hasnt kept up with surging home prices." As a result, rental vacancy rates a falling and rental rates are increasing. Read the rest
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/0Rm4hqTgwXU/u-s-home-ownership-rates-drop.html
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