RSS Feed
May 1st, 2012 
FAKE NEWS for the Zionist agenda Previous Post: Editorial @ Open Your Eyes News – The Four Ages Of Capitalism nbsp
US homeownership rate drops to 15-year low
Reuters – The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting. The homeownership rate slipped to 65.4 percent, the lowest since the first quarter of 1997, the Commerce Department said on Monday, with the rate for Americans under the age of 35 dropping to an 18-year low. The homeownership rate, which was measured at 66.0 percent in the fourth quarter of 2011, peaked at 69.4 percent in 2004 at the height of a housing market boom fueled by cheap credit. Read Article
Tags: 2nd Great Depression, financial system, North America
Posted in 
Tags: 
