Saturday, January 16, 2010

Homeownership

According to the U.S. Census, 47% of U.S. households owned their homes at the beginning of the 20th century. By the 1940s, the homeownership rate declined to 44%. Post World War II population and economic growth coupled with better mortgage lending methods produced steady increases in homeownership. By the beginning of the 21st century, nearly 67% of householders were homeowners.
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