Housing stimulus

If renters paid only what they could afford in rent, the average household would have an extra $6,200 per year to spend on other necessities such as groceries, child care, and medical care. According to a new…

Final estimates of fourth-quarter 2016 gross domestic product (GDP) growth (revised up two-tenths of a percentage point to 2.1 percent), show that housing’s share of GDP was unchanged at 15.6 percent, according to…

The homeownership rate in the U.S. is around 64 percent, the lowest since the early 1960s. But, both now and back then, the rate is much higher than it was in the years before World War II.

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