Bloomberg: Renters Now Rule Half of U.S. Cities
https://www.bloomberg.com/news/articles/2017-03-23/renters-now-rule-half-of-u-s-cities Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters. Just 49 percent of Motor City households were homeowners in 2015, down from 55 percent in 2009 and the lowest percentage in more than 50 years. Detroit isn’t alone, of course: The …