The nation's homeownership rate peaked in 2004 at 69.0 percent. Since then, the overall rate has fallen by 4.5 percentage points to 64.5 percent in 2014. Among householders in their thirties, the rate fell by more than 10 percentage points during those years...
Homeownership rate in 2014 (and percentage point decline since 2004)
Under 25: 21.7% (-3.5)
25 to 29: 32.7% (-7.5)
30 to 34: 47.1% (-10.3)
35 to 39: 56.0% (-10.2)
40 to 44: 63.2% (-8.7)
45 to 54: 70.7% (-6.5)
55 to 64: 76.3% (-5.4)
65-plus: 79.9 (-1.2)
Source: Census Bureau, Housing Vacancies and Homeownership
1 comment:
Because no one has enough money anymore because there are no wage gains for normal people.
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