Home Ownership Is On A Slippery Slope, But Home Prices Continue Higher!

Posted By on June 6, 2014

Home ownership in the United States has now fallen for 8 years in a row, and dropped to the lowest level in 19 years! To make matters even more interesting, almost 50% of all houses have no mortgages. This is an all time record up from 33% back in 2007-2008. Who is it then, that has paid cash for all these homes? The answer is it’s investors and hedge funds. The common man is flat out of action here.

Source: Wise Dog Research

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