American housing was at the heart of the American crash and American recession. Now, home sales are back to their best pace since 2007. Unemployment’s down. Mortgage rates remain relatively low. Real estate is hot again. Even millennials are getting in, at last. But, there are big questions too, long-term. Overall, American home ownership rates are way off their highs. Renting looked good in the crash, but now many are stuck with sky-high rents they can’t escape. This hour On Point: we’re looking at American homes and home ownership now. Who’s buying, who wants to buy, who’s stuck./ Tom Ashbrook
Interview:https://onpoint.wbur.org/2015/06/24/home-sales-rising-millennials-rent
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