Final Note

America losing its homeowners

Kai Ryssdal Oct 7, 2011

This final note today. We added jobs in September, but we’re losing something else in this economy: Homeowners.

The Census Bureau said earlier this week that a hair over 65 percent of American owned their own homes in 2010. A substantial majority, but well below the 70 percent who owned at the height of the housing bubble five years ago.

Economists say it’s unlikely we’ll get back to that level again.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.