In the second quarter of this year, the [American home ownership] rate fell to 62.9 percent, not seasonally adjusted, which is the same as it was in 1965, when the U.S. Census started tracking the metric. During the epic housing boom in the mid-2000s, the rate soared as high as 69.2 percent.” ... "The drop in home ownership is largely due to a delay in home buying by the millennial's, who have the lowest ownership rate of their age group in history.
infographic by: www.mortgagecalculators.com
