Despite a legion of government policies, assistance and tax-breaks, homeownership rates are falling across the country and this is making a lot of people (and presidential candidates) write very worried op-eds about the American Dream.
According to Bloomberg, the US homeownership rate in July of 2015 was 63.4 percent, the lowest level since 1967.
In many metropolitan regions, things are even worse. According to Governing, the Boston region the homeownership rate in 2013, two years before the Bloomberg report, was 60.9 percent. Meanwhile the reason the rate is falling, according to Bloomberg, is the combination of stagnant wages, policies that make it more difficult to get mortgages and, of course, rising home prices.
But it’s just icing on the cake: according to Charlie Gardner, the percentage of people who owned their own home without a mortgage is lower than it was in 1920s and has been falling…
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Utopia, you are standing in it! 
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