Rate of Home Ownership Falls

The home ownership rate in the U.S. fell in the past decade by the largest amount since the Great Depression.  Between 2000 and 2010, the ownership rate declined by 1.1 percentage points to 65.1% with declines in every region.  While the rate remains at the second highest level since data collection began in 1890, it is expected to continue falling as more Americans choose to rent homes instead of own.

Wall Street Journal    October 7, 2011