Tuesday, Apr 28, 2009
Fewer homeowners in America
Calculated Risk (blog): Homeownership rate back to 2000 levels
The homeownership rate is back to the level of Q2 2000. So much for the homeownership gains of the last 8+ years. Gone. It is almost like the Bush presidency never happened. Well, except for that Iraq thing. And $5 trillion in debt. But other than that, clean slate. The homeowner vacancy rate is (more-or-less) the highest it has ever been; the rental vacancy rate is also the highest on record. People are selling second homes, moving in with family members, cutting back all round. ---- Remember, the UK is behind the US so all this is yet to come for us!
Posted by drewster @ 01:30 AM (245 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.