II. Introduction
Homeownership in the United States expanded at an historic pace from 1994 to 2004. In that span, the homeownership rate in the U.S. increased from 64.0% to 69.0%, or by 5 percentage points.[10. numoffset=”10″ The source for these estimates is the U.S. Census Bureau. (http://www.census.gov/hhes/www/housing/hvs/annual08/ann08t14.xls)] A rise of this magnitude in the course of a […]