Rents Soar To Record High As Homeownership Rate Plunges To 19 Year Low

by Tyler Durden
ZeroHedge.com
04/29/2014

The US non-recovery summarized in a nutshell: nobody can afford to buy anymore, so everyone is forced to rent. The result: homeownership rate plunging to 19 year lows, while median asking rents just soared to a new all time high. Thank you Ben Bernanke for the “New Normal American Dream.”

The Rest…HERE

This entry was posted on Tuesday, April 29th, 2014 at 12:28 pm and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.