[1]With home-ownership rates collapsing [2] and the likelihood of 'wealth taxes' potentially weighing on even the oligarchs and 1%-ers willingness to throw cash at US housing [3], we thought the following rusting hulks of a bye-gone era in a strorage yard deep in Middle America summed it all up...
The American Homeownership Dream is officially dead...
[4]
And here are the bodies...
[5]
[6]
[7]
[8]
[9]
h/t SandP
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2013-07-30/us-rents-hit-record-highs-homeownership-plunges-18-year-lows
[3] http://www.zerohedge.com/news/2014-03-15/if-you-are-considering-buying-house-read-first
[4] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/07/Homeownership%20Rate.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03-overflow/20140321_bus1.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03-overflow/20140321_bus2.jpg
[7] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03-overflow/20140321_bus3.jpg
[8] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03-overflow/20140321_bus4.jpg
[9] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03-overflow/20140321_bus5.jpg