in related news, we have also passed peak boring lifestyle.
America’s homeownership rate has been declining for several years, and for multiple reasons, some tied directly to the housing collapse. For one class of would-be homeowners, it’s simply harder today to qualify for a mortgage than it was at the height of the housing boom. For another, the allure of homeownership itself has declined. And then of course there are people who were homeowners until the crash nudged them off of their property.