Homeownership rate lowest in 25 years

[Freewill]

Thank you President Obama. Quite the legacy of dependency and despair.

Homeownership rate lowest in 25 years

Home prices are rising, and homeownership is falling. How can that be?

If prices are rising, it must be because there is increasing demand for homes, but if there is increasing demand, then why are there fewer homeowners?

It has to do with this: math. The homeownership rate in the first quarter of this year fell to 63.7 percent, the lowest since 1990, according to the U.S. Census. The homeownership rate is the ratio of households that own to overall households—the remaining being rental households.

 

[DarkFury]

Thank you President Obama. Quite the legacy of dependency and despair.

Homeownership rate lowest in 25 years

Home prices are rising, and homeownership is falling. How can that be?

If prices are rising, it must be because there is increasing demand for homes, but if there is increasing demand, then why are there fewer homeowners?

It has to do with this: math. The homeownership rate in the first quarter of this year fell to 63.7 percent, the lowest since 1990, according to the U.S. Census. The homeownership rate is the ratio of households that own to overall households—the remaining being rental households.

Well at least with Obozo the looting rates are up.
Oh, you wanted GOOD NEWS.......sorry *hangs head*

 

[JakeStarkey]

Thank the Bush administration for this.

 

[DarkFury]

Thank the Bush administration for this.

Stuck on BUSH still? I think your bus with the tinted windows and bunnies on the side is coming. Watch out for that bus driver Hillary. She might be one of those perverts.

 

[JakeStarkey]

So you admit the Bush regime was the problem.

 

[UllysesS.Archer]

It's simple.

People are buying houses to re-sale them at a higher rate after some work is done to the house. Buy a 40k house work on it for afew months, and re-sale at 140k.

Hundreds of thousands of people are doing this around the country, and it's a real money maker, I should know.

Spend a little money, put in a lot of elbow grease and some more money, and turn a cheap house into an expensive one of a kind home, sell it to someone, and go buy another one.

 

[B. Kidd]

It's simple.

People are buying houses to re-sale them at a higher rate after some work is done to the house. Buy a 40k house work on it for afew months, and re-sale at 140k.

Hundreds of thousands of people are doing this around the country, and it's a real money maker, I should know.

Spend a little money, put in a lot of elbow grease and some more money, and turn a cheap house into an expensive one of a kind home, sell it to someone, and go buy another one.

Sooo simple.....everyone's doin' it.........NOT!
But, rent is thru the roof!

 

[william the wie]

Home ownership will turn around at something like 40% as it has in past major downturns with Ds in power.

 

[hortysir]

Thank the Bush administration for this.

6 1/2 years later and that joke still kills me

 

[DarkFury]

So you admit the Bush regime was the problem.

No Stankey Abortion was the problem idiot. You care to GUESS how many home buyers and car buyers you have KILLED since 1973? Are you so stupid not to know social choice CAN have effects on Fiscal futures?

Tell me something Stankey, when the number of homes is LARGER then the number of buyers what happens to price? That's RIGHT STankey prices drop! In ONE decade the market will be flooded with homes!

Moron

 

[boedicca]

Thank you President Obama. Quite the legacy of dependency and despair.

Homeownership rate lowest in 25 years

Home prices are rising, and homeownership is falling. How can that be?

If prices are rising, it must be because there is increasing demand for homes, but if there is increasing demand, then why are there fewer homeowners?

It has to do with this: math. The homeownership rate in the first quarter of this year fell to 63.7 percent, the lowest since 1990, according to the U.S. Census. The homeownership rate is the ratio of households that own to overall households—the remaining being rental households.

It's rather logical that the rate of homeownership would decline in tandem with the decline in the Labor Force Participation Rate.

Just sayin'.

 

[Moonglow]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

 

[B. Kidd]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

And it got foreclosed on when you were 26!...................next muppet!

 

[Moonglow]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

And it got foreclosed on when you were 26!...................next muppet!

I lived in it for 15 years, the current house I have lived in for 13 years, so try again....

 

[B. Kidd]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

And it got foreclosed on when you were 26!...................next muppet!

I lived in it for 15 years, the current house I have lived in for 13 years, so try again....

You're my bitch and you need me like heroin...........

 

[hortysir]

I've been foreclosed on and am stuck renting for a while.
It sucks mostly but I don't have to mow or do repairs..But I miss those things too

 

[Kosh]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

And it got foreclosed on when you were 26!...................next muppet!

I lived in it for 15 years, the current house I have lived in for 13 years, so try again....

They let people buy their padded cells now?

 

[Moonglow]

My kids prefer to rent...I don't know why, but I bought my first home at 25..

And it got foreclosed on when you were 26!...................next muppet!

I lived in it for 15 years, the current house I have lived in for 13 years, so try again....

They let people buy their padded cells now?

If you have the dough....

 

[Moonglow]

I've been foreclosed on and am stuck renting for a while.
It sucks mostly but I don't have to mow or do repairs..But I miss those things too

That sucks...I have a spare room if you ever need it....

 

[Moonglow]

So you admit the Bush regime was the problem.

No Stankey Abortion was the problem idiot. You care to GUESS how many home buyers and car buyers you have KILLED since 1973? Are you so stupid not to know social choice CAN have effects on Fiscal futures?

Tell me something Stankey, when the number of homes is LARGER then the number of buyers what happens to price? That's RIGHT STankey prices drop! In ONE decade the market will be flooded with homes!

Moron

They were building new homes in NW Ark when they had a glut of foreclosed homes....