More Jobs Does Not Mean More Homeowners

Feb. 12, 2015

Researchers at Freddie Mac looked at homeownership rates by profession, and found that the increase of employment is not in fields with workers that usually become homeowners, CNBC reports.

The Bureau of Labor Statistics report that over the next decade, most of the job openings are in retail sales, food preparation, and cashiers. According to Freddie Mac, workers in these professions have homeownership rates below the national average.

Read more

Sign up for Pro Builder Newsletters
Get the latest news and updates.

Related

139805716 © Andrii Yalanskyi | Dreamstime.com
Wooden blocks with coins and the word 'wage' and an up arrow
5130118 © Mark Hryciw | Dreamstime.com
Single-family home under construction