The rate of homeownership in the United States continued a multi-year decline in the fourth quarter of 2012, according to data released by the U.S. Census. Homeownership was down a tenth of a percent to 65.4 percent. The rate has dropped almost four percent from its peak of 69.2 in the fourth quarter of 2004. For historical context on policymakers’ efforts to encourage homeownership in the United States, check out Eric John Abrahamson’s new book: Building Home: Howard F. Ahmanson and the Politics of the American Dream.
