Houses continue to become more affordable, but since nobody has any money or can get approved for loans, ownership has taken a nosedive.
Fox News reports ownership levels are the lowest they’ve been since 1999, with only 66.9 percent of households currently owned by their dwellers. In 1999, the level was 66.7 percent. The story infers the past decade’s high home ownership rates were a bit freakish because ownership hovered at 64 percent from 1985 to 1995.
Owners, renters, why does it make more economic sense for you to do what you’re doing?