Homeownership rate is at 1990s levels, and it’s only getting tougher for Americans to buy homes

The home ownership rate in the country has declined precipitously since its peak more than a dozen years ago. And ever since the recession, it’s been harder for Americans to buy homes. The home ownership rate in April stood at 64.4 percent, according to figures from the Census Bureau reported by the Wall Street Journal. That’s roughly on par with levels from the mid-1980s and mid-1990s, before a decade-long home-buying boom drove the rate to […]

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