Homeownership in America has never been lower

The US homeownership rate is at an all-time low. 
On Thursday, the Census Bureau's quarterly report showed that the share of Americans who own a home fell to 62.9% in the second quarter, matching 1965 for the lowest reading on record. 
The rate rose for two straight quarters at the end of last year before declining in the first two of 2016.
"Tentative signs of a recovery in homeownership at the end of last year proved to be a false dawn," said Ed Stansfield, chief property ec