Homeownership Rate

Rents Across The US Hit A New All Time High

For yet another quarter, most Americans opted not to own, but rather rent, and in Q1 the median asking rent jumped by 7.4% Y/Y, from $864 in Q1 to $910, a new all time high.

Will Millennials Ever Become A Generation Of Homeowners: BofA Has A Troubling Answer

"While young adults can generally afford housing, there are other constraints including the ability to make a large enough downpayment and tighter credit standards. Lifestyle changes are partly to blame.  These dynamics won't change in the medium-term which should translate to a lower equilibrium pace for single family housing starts."

Angst In America - Turning Today's Millennials Into Tomorrow's Debt Serfs

"Being young and having no job remains stubbornly common... Like medieval serfs in pre-industrial Europe, America’s new generation, particularly in its alpha cities, seems increasingly destined to spend their lives paying off their overlords, and having little to show for it. "

How Governments Outlaw Affordable Housing

The current planners don't want more housing. The government planners only want a certain type of housing. Meanwhile, the renters live in smaller and smaller units, and drive further and further. But there's one thing of which we can be sure. "Capitalism" will be blamed for it all.

Homeownership Among US Millennials At All Time Low

The homeownership rate for Americans 35 and younger slumped from 34.7% as of December 2016 to 34.3%, in line with the lowest rate reported by the Census Bureau going back nearly a quarter century.