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Is the American Dream of Owning A Home is Slowly Dying?


Once a bedrock of the “American Dream,” home ownership is on a slow decline.

According to a recent article in the New York Post, American families today are increasingly renting homes instead of buying them.

Between 2006-2016, families with children under the age of 18 who also own their own homes plummeted 14 percent, from 25.7 million to 22.1 million.

Conversely, there was an increase of 16 percent of families with children living in rental units.

One big reason for this shift is the stunning rise in home prices. Case in point: nationwide, single-family home prices grew 75 percent faster than rents over the past five years!

Read on HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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