MLS & Associations

Why is this industry leader worried about the US homeownership rate?

Equity divide grows, cutting many out of the housing market, says CAR CEO Joel Singer
Published on Jan 12, 2016
  • The homeownership rate has plunged nearly 10 percent since the recession.
  • Income disparity is causing the homeownership rate to decline.
  • The hardest-hit are minorities.
  • The desire to be a homeowner has not wavered, but economics are making it impossible for many.

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California Association of Realtors CEO Joel Singer explains the public policy and economics behind the declining homeownership rate -- and what, if anything, can be done about the downward-spiraling trend ...

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