Home ownership rate plunges in US, millennials blamed for not buying

The home ownership rate in the United States has dropped to its lowest since 1965. CNBC reports that just 62.9 per cent of Americans owned their homes in the second quarter of 2016, the lowest rate in two generations. During the housing boom of the mid-2000s, the rate was as high as 69.2 per cent. … Continue reading Home ownership rate plunges in US, millennials blamed for not buying