CHICAGO-During the last decade, government policy had forced homeownership to 68% of all households but the number has been dropping since the last few years. John Burns, a housing analyst, predicts that homeownership would fall below 62% and may decrease further.
While analyzing the nation's housing policies, the head of an Irvine-based market analysis firm reports several factors that help increase homeownership include new household formation, aging demographics, social policy and affordability. For the full story, go to Chicago Tribune.
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