Home Ownership Hits 11 Year Low

Home Ownership Hits an 11 Year Low

Americans who own their own homes has dropped to an all time low since 1999.  The home ownership rate fell to 66.9% in the second quarter of 2010.  The number of vacant homes  fell in the second quarter, to 2.5%. Meanwhile, the vacancy rate in rental homes stayed steady at 10.6%.  What are your thoughts?