Homeownership Rate in the U.S. Drops to Lowest Since 1965

[Common Sense]

So if I show you a chart of Canadian home ownership from 2011-present, and it doesn't show the levels dropping to historic lows, you'll retract your claim and then shut up?

It has dropped. Not to historic lows, but lower than 2011.

Your graph doesn't seem to line up with the Stats Can info that I'm looking at.

http://www.tradingeconomics.com/cana...ownership-rate

[Common Sense]

I'd still like to see how this can be blamed on the office of the President. He isn't mentioned in the article.

[Subdermal]

You said the same thing is happening in Canada.

It isn't.

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You cannot move the goal posts quickly enough to avoid accountability on your post. Is your initial claim false? Will you admit it?

[Bo-4]

It's turrible i tells ya .. just TURRIBLE!!

• Homicides have dropped 13 percent
• The economy has added more than 9 million jobs, and the jobless rate has dropped to below the historical median.
• The number of long-term unemployed Americans has dropped by 614,000 under Obama.
• Corporate profits are up 166 percent; real weekly wages are up 3.4 percent.
• There are 20 million fewer people who lack health insurance.
• Wind and solar power have nearly tripled, and now account for more than 5 percent of U.S. electricity.

[Common Sense]

You said the same thing is happening in Canada.

It isn't.

Attachment 15413

You cannot move the goal posts quickly enough to avoid accountability on your post. Is your initial claim false? Will you admit it?

While the current rate is lower than it was in 08', or 11', however I will concede that the trend is up. So my claim is false. I admit when I am wrong.

That being said, the fact is that the blame for the drop in home ownership rates has nothing to do with Obama or his policies. Does the level or increased home ownership in Canada due to Justin Trudeau?

[Subdermal]

It's turrible i tells ya .. just TURRIBLE!!

• Homicides have dropped 13 percent

How did Obama have a hand in this? What policies?

• The economy has added more than 9 million jobs, and the jobless rate has dropped to below the historical median.

We have not added jobs at the pace of population growth. Are you daft? The jobless rate is not taking into consideration the worker participation rate!

• The number of long-term unemployed Americans has dropped by 614,000 under Obama, but it is still 761,000 higher than at the start of the Great Recession.

That's only because the metric is skewed by who is considered 'long term unemployed'!

• Corporate profits are up 166 percent; real weekly wages are up 3.4 percent.

3.4% over 8 years? And you think that's good? The middle class has lost 40% of its wealth!

• There are 20 million fewer people who lack health insurance.

Who cares? The rate is exploding, and Exchanges are collapsing all across the country!

• Wind and solar power have nearly tripled, and now account for more than 5 percent of U.S. electricity.

Only a whacked liberal thinks this is good. Those sources of electricity are SUBSIDIZED by our taxes!

Yes, your post is terrible.

[Common Sense]

The US grid is subsidized by taxes. If not for subsidies, many rural people wouldn't have electricity.

[Bo-4]

[/LIST]How did Obama have a hand in this? What policies?
[/LIST]We have not added jobs at the pace of population growth. Are you daft? The jobless rate is not taking into consideration the worker participation rate!
[/LIST]That's only because the metric is skewed by who is considered 'long term unemployed'!
[/LIST]3.4% over 8 years? And you think that's good? The middle class has lost 40% of its wealth!
[/LIST]Who cares? The rate is exploding, and Exchanges are collapsing all across the country!
[/LIST]Only a whacked liberal thinks this is good. Those sources of electricity are SUBSIDIZED by our taxes!

Yes, your post is terrible.

There's no hope for you Subs.

No matter how i answered your questions you'd come up with new ones.

If we had this economy under a Republican president you'd be swooning in the same manner you do over Putin. ;-)

[Bo-4]

The US grid is subsidized by taxes. If not for subsidies, many rural people wouldn't have electricity.

Yep, rural folks who vote Republican are some of the biggest "takers".

[Subdermal]

While the current rate is lower than it was in 08', or 11', however I will concede that the trend is up. So my claim is false. I admit when I am wrong.

That being said, the fact is that the blame for the drop in home ownership rates has nothing to do with Obama or his policies. Does the level or increased home ownership in Canada due to Justin Trudeau?

I believe that the differences are due to differences in economic policy, yes.

For instance, we allowed Government CRAs and GSE's, and Canada was not anywhere near as permissive. We had a MAJOR subprime problem as a result, and history is in the midst of repeating itself.

Canada hasn't suffered the absolute avalanche of anti-business regulations that Obama has foisted on us here.

These things affect economies. These things affect decisions like home ownership.

So yes: I do believe that metrics like home ownership are directly reflective of the health of our economy.