A century ago, in 1910, the U.S. homeownership rate was 46%. It rose to 48% in the great boom of the 1920s, then called “the Coolidge Prosperity,” after the U.S. President of the time. This was when the U.S. government had its first home ownership promotion: the “Own Your Own Home” campaign, begun in 1922 under then-Secretary of Commerce (later President) Herbert Hoover.
Long-Term Home Ownership Trends: The US, England, and Canada
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