- 30-34 year olds in 2012 had the lowest homeownership rate of any similarly aged group before them!
- Five years prior, this exact same group had the highest homeownership rate at 25-29 years old than any group before them!
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Friday, January 24, 2014
The Boom And Collapse Of America's 'Subprime Generation' by Chris Porter
Talk about an amazing reversal of fortune! This may be the most amazing, underreported demographic fact today.
Labels:
budget,
Case Shilling,
CPI,
deflation,
foreclosure,
HARP,
Home Vales,
Housing,
inflation,
landlord,
loan,
loan modification,
Obama,
Payday,
poor getting poorer,
quality of life,
rent,
standard of living
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