The 62% of Americans who say they own their own home marks a new low
since Gallup began tracking self-reported homeownership in 2001.
The current level of homeownership marks a decline from 68% in 2011.
For most of the prior decade, roughly seven in 10 Americans reported
owning their own home. While the recession and financial crisis took
place in 2008-2009, homeownership rates didn't begin to reflect the
bursting of the housing bubble until 2010, when 65% of Americans
reported owning their own home -- the lowest level recorded before this
year.
Record-Low 53% of Americans Say Their Home's Value Has Increased
Fifty-three percent of Americans believe their house is worth more
today than when they bought it, down significantly from 80% in 2008 and
92% in 2006. It confirms that many Americans are underwater in terms of
the value of the home they currently own.
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