The housing bubble was not caused solely by people who bought homes to speculate on rising real estate values. It was also fueled by an increase in the homeownership rate, a trend that has since more than reversed itself.From 1985 to 1995, approximately 64% of American households owned the home they lived in.
A Foolish Take: U.s. Homeownership Is At A Multidecade Low
newsfeedback@fool.com (John Maxfield), The Motley Fool
Mon, 06/26/2017 - 9:00am
BING NEWS:
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