Homeownership: Back to the Mean

By Chris Farrell on May 10, 2012

Real Estate

Homeownership: Back to the Mean

The homeownership rate is back to 65 percent or so. That’s near the level that held steady for decades after World War II, until the subprime boom expanded the pool of homeowners.

Graphic by Bloomberg Businessweek; Data: U.S. Census Bureau, Federal Housing Finance Agency

Farrell is contributing economics editor for Bloomberg Businessweek. You can also hear him on American Public Media's nationally syndicated finance program, Marketplace Money, as well as on public radio's business program Marketplace.