Saturday, April 28, 2012

Chart of the Day: U.S. Homeownership Hits Decade Low

The Obama recovery...

Via Gallop:
The current level of homeownership marks a decline from 68% in 2011. For most of the prior decade, roughly seven in 10 Americans reported owning their own home. While the recession and financial crisis took place in 2008-2009, homeownership rates didn't begin to reflect the bursting of the housing bubble until 2010, when 65% of Americans reported owning their own home -- the lowest level recorded before this year.

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