Homeownership rate of householders aged 30 to 34, second quarter 2014: 46.5%
The homeownership rate of householders aged 30 to 34 has fallen to a record low. The 46.5 percent rate recorded for this age group in the second quarter of 2014 was a full 1.0 percentage points below their rate in the first quarter of 2014 and 1.9 percentage points below their rate one year ago.
Householders aged 30 to 34 were once the nation's first-time homebuyers. Historically, this was the age group in which homeownership became the norm—rising above 50 percent. But beginning in 2007, the homeownership rate of 30-to-34-year-olds went into a tailspin. In the second quarter of 2011, the rate fell below 50 percent for the first time. The downward slide continues.
The only good news for the housing industry in the Census Bureau's latest release is the stability in the homeownership rate of householders aged 35 to 39—the new age of first-time home buying. The homeownership rate of 35-to-39-year-olds climbed slightly in the second quarter of 2014 to 56.7 percent, up from 56.5 percent in the first quarter. The rate for this age group bottomed out at 55.3 percent in the first quarter of 2013 and has climbed slowly in most quarters since then. But the homeownership rate of 35-to-39-year-olds in the second quarter of 2014 is more than 10 percentage points below their peak of 67.4 percent recorded in the first quarter of 2005.
Nationally, the homeownership rate slipped to 64.7 percent in the second quarter of 2014, down from 65.0 percent one year ago.
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Apr 14, 2021 1:41:25 GMT -6
Susan George: Thank You for your support!
Dec 21, 2020 17:18:51 GMT -6
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Nov 29, 2020 17:15:41 GMT -6
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Nov 13, 2019 16:18:54 GMT -6
ConGM: Please direct me to the full article by Susan George. Or email to firstname.lastname@example.org.The provided link is broken. I'd like to read it in preperation for a course. Much appreciated.
Nov 13, 2017 15:19:23 GMT -6
ace comando: Well, it took me several days and a lot of code writing to sift through the millions of achieved pages on the Wayback Machine achieves. Was about to give up when a colleague gave me mining script to look at all archived pages whether displayed or not. And
Feb 24, 2017 19:44:10 GMT -6
unlawflcombatnt: I've now changed the colors on the board to something more readable. At least now readers can find the sign-in tab.
Jul 6, 2014 22:58:23 GMT -6
unlawflcombatnt: OldUser-the sign-in area is in the dark area immediately under the red section that says Economic Populist Forum. It's almost impossible to see, unless you know where to look. This was ProBoards idea, not mine.
Jun 12, 2014 11:52:53 GMT -6
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May 29, 2014 8:44:44 GMT -6
jeffolie: One might short a bull ETF to gain the decay but this requires a margin position subject to changes imposed by the exchanges & brokers
Oct 26, 2013 13:26:07 GMT -6
jeffolie: Holding a stop loss in these algo dominated markets almost always means the algos will hit your stops
Oct 26, 2013 13:20:09 GMT -6
jeffolie: Even so, these leveraged ETFs do not create margin calls nor expiration dates thus allowing one to hold indefinitely
Oct 26, 2013 13:17:52 GMT -6
jeffolie: Yes, the ETF features fading/leveraged decay because the futures and/or options used decay plus the administrative costs rise the decay, declining value ... I accept this as a cost and feature of all ETFs that purchase futures/options to maintain price
Oct 26, 2013 13:15:38 GMT -6
mimzy: jeffolie ~ I've been reading/lurking you for a year or three now and was wondering if your could you explain how you overcome quantum fading/leveraged decay in your ETF short position of the DJIA?
Oct 25, 2013 20:46:26 GMT -6