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Updated over 8 years ago,
Whats your take on this? Rates, sales, etc
1. So home ownership rates made a new all time low. And the rate is falling fast as seen above.
2. As per bankrate.com, 30 year home mortgage rates made a new all time low. Doesnt look like rate decline is going to stop anytime soon. And they clearly arent helping with improving ownership.
3. But home sales have been steadily rising last 5 years.
4. And so are home prices.
-> What do the experts here make of all these facts?
-> Is the current boom purely driven by investors?
-> Why is the ownership rate falling so fast?
-> Is such an imbalance between investors and owners healthy for real estate sector?