Monday, 11 May 2015

What Are the Factors behind the Declining Homeownership Rate in the US?

The US housing market seems not to have recovered from the 2008’s economic collapse. Despite the stabilization of the economy in recent years and promising housing market progress reports, present homeownership rate in the United States is lowest since 1993. The situation obviously raises some serious concerns. And certainly, now there is a need to look deeper into the matter to understand its causes and effects.

Read this comprehensive post that outlines the major factors affecting the homeownership rate in the United States despite all the progress in recent times:
http://www.realtor.com/news/why-homeownership-rate-is-at-record-low/
 

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