American household net worth plummets 39.4 percent in Obama Democrat economy, Black households hit hardest, All households since recovery reduced ownership of homes stocks and business equity, Pew Research “For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, theRead More