
Here is a Wall Street Journal headline from April 28: “The U.S. Homeownership Rate Falls Again, Nearing a 48-Year Low.” “The homeownership rate fell slightly in the first quarter of 2016, dashing hopes that it had finally hit a bottom,” read the lead paragraph. This sounds pretty ominous. Let’s take a closer look; first, here are the data to which the article refers: Now, let's pull … [Read more...]