Why is the United States Home ownership Rate Stuck at 1965 Levels? #infographic

The[ American homeownership] rate dropped to 62.9 percent in the second quarter of this year, not seasonally adjusted, which is the same as when the U.S. was in 1965. Census began to track the metric. During the mid-2000s epic housing boom, the rate rose to 69.2 percent.".. "The decline in home ownership is mainly due to a delay in home purchasing by the millennials, who have their age group's smallest ownership rate in history.