Economist: This is why homeownership hit an all-time low

Last month, the U.S. Census Bureau released its second-quarter estimate of the homeownership rate. The news? Homeownership rate falls to 62.9%, half a percent lower than a year ago and reaching lows not seen in half a century. So what’s to blame? http://www.housingwire.com/blogs/1-rewired/post/37745-the-truth-behind-the-record-low-homeownership-rate ❤️ #share #mortgage