The American dream of owning a home is dead
Homeownership is becoming unaffordable for too many, but there is another option: renting.
Photo via @bopinionThe American dream of owning a home is dead
Rising real-estate prices are stoking fears that the American dream of homeownership is slipping out of reach for low- and moderate-income Americans.
That may be so — but a nation of renters is not something to fear
The numbers paint a stark picture.
After peaking at 69% in 2004, the homeownership rate fell every year until 2016, when it was 64.3%. The rate rebounded in Trump’s presidency, hitting 66% in 2020, but that trend may be short-lived (
via ) https://trib.al/yh67cog
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