The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released Thursday.
The analysis by the Census Bureau found the home ownership rate fell to 65.1 percent last year. While that level remains the second highest decennial rate, analysts say the U.S. may never return to its mid-decade housing boom peak in which nearly 70 percent of occupied households were owned by their residents.
Unemployed young adults are least likely to own, delaying first-time home purchases to live with Mom and Dad. Middle-aged adults 35-64, mostly homeowners who were hit with mortgage foreclosures or bankruptcy after the housing bust in 2006, are at their lowest levels of ownership in decades. – - To Read Full Post By HOPE YEN, Associated Press - Census: Housing bust worst since Great Depression
The American Dream is a Living World Nightmare. As far as one can see, the whole world is suffering in ways we dare not comprehend. We’re scared to death to see how we’ve accepted ourselves into and as this world, as we’ve supported it, in allowing multitudes of atrocity to exist here. In our name, as a humanity – ego, greed, self-interest, this, is the best we have to show for ourselves.
We are Money, We are Sex. We are Money, We are Debt, We are Money, We are Slavery, We are Money, We are Child Abuse, We are Money, We are War, We are Money, We are Hunger, We are Money, We are Starvation, We are Money, We are Poverty, We are Money, We are Capitalism, We are Money, We are Money, We are Money…
We can stop and we can change our current monetary system. We make the decision to become self-honest in seeing the common sense. How All living beings are to receive that which they’ve already been given. All here are birthed through a similar birth canal to life here on earth. As such, we require to be able to care for ourselves properly, and Equally. Thus, We have one choice, one solution – Equal Money
Our candle is burned - over – done – in a single breath