Census Bureau: Housing bust worst since Great Depression
The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released yesterday.
The analysis by the Census Bureau found the homeownership rate fell to 65.1 percent last year. While that level remains the second highest decennial rate, analysts say the U.S. may never return to its mid-decade housing boom peak in which nearly 70 percent of occupied households were owned by their residents.See the full story on MSNBC.
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