{"id":28873,"date":"2016-07-28T12:40:48","date_gmt":"2016-07-28T16:40:48","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=28873"},"modified":"2016-07-28T12:40:48","modified_gmt":"2016-07-28T16:40:48","slug":"what-does-this-mean-for-americas-future","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=28873","title":{"rendered":"What Does This Mean For America&#8217;s Future?"},"content":{"rendered":"<p><a href=\"http:\/\/www.washingtonexaminer.com\/homeownership-rate-falls-to-lowest-on-record\/article\/2598023\" target=\"_blank\">The Washington Examiner<\/a> reported today that the rate of <a class=\"zem_slink\" title=\"Owner-occupier\" href=\"http:\/\/en.wikipedia.org\/wiki\/Owner-occupier\" target=\"_blank\" rel=\"wikipedia\">homeownership<\/a> in America has declined steadily since 2006.<\/p>\n<p>The article includes the following graph:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2016\/07\/Homeownership.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28874\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2016\/07\/Homeownership.png\" alt=\"Homeownership\" width=\"700\" height=\"361\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2016\/07\/Homeownership.png 700w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2016\/07\/Homeownership-300x155.png 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2016\/07\/Homeownership-500x258.png 500w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a>The article explains:<\/p>\n<p style=\"padding-left: 30px;\"><strong>The only <a class=\"zem_slink\" title=\"Demographic profile\" href=\"http:\/\/en.wikipedia.org\/wiki\/Demographic_profile\" target=\"_blank\" rel=\"wikipedia\">age group<\/a> that saw a rising homeownership rate over the past year was 35-44-year-olds, with younger and <a class=\"zem_slink\" title=\"Old age\" href=\"http:\/\/en.wikipedia.org\/wiki\/Old_age\" target=\"_blank\" rel=\"wikipedia\">older people<\/a> turning more to renting.<\/strong><\/p>\n<p>So let&#8217;s take a look at this from a broader perspective. Part of the decline is due to the <a class=\"zem_slink\" title=\"Real estate bubble\" href=\"http:\/\/en.wikipedia.org\/wiki\/Real_estate_bubble\" target=\"_blank\" rel=\"wikipedia\">housing bubble<\/a>. However, we need to look at the impact of homeownership on our society and how the decline in homeownership will impact us in the future.<\/p>\n<p>Homeowners are invested in their houses and in their neighborhoods. Generally speaking they take pride in both and will endeavor to keep both their homes and neighborhoods clean and crime-free. Under most circumstances, a home will increase in value, providing a basic <a class=\"zem_slink\" title=\"Investments\" href=\"http:\/\/www.wikinvest.com\/metric\/Investments\" target=\"_blank\" rel=\"wikinvest\">investment<\/a> for people who may not be able to invest in other assets. The increase in renters means an increase in landlords, people who own the <a class=\"zem_slink\" title=\"Renting\" href=\"http:\/\/en.wikipedia.org\/wiki\/Renting\" target=\"_blank\" rel=\"wikipedia\">rental property<\/a>. It seems to me that the increase in landlords and renters is an indication that the <a class=\"zem_slink\" title=\"Middle class\" href=\"http:\/\/en.wikipedia.org\/wiki\/Middle_class\" target=\"_blank\" rel=\"wikipedia\">middle class<\/a> is being squeezed out economically. I understand that in many parts of the country housing is extremely expensive, but there are also areas of the country where jobs are available and housing is reasonably priced. I fear that the decrease in homeownership represents a moving away from the idea of owning something, taking care of something, and having an asset in the future. It may be a reflection of our instant gratification society rather than an <a class=\"zem_slink\" title=\"Economic indicator\" href=\"http:\/\/en.wikipedia.org\/wiki\/Economic_indicator\" target=\"_blank\" rel=\"wikipedia\">economic indicator<\/a>. It also may be a reflection of the <a class=\"zem_slink\" title=\"United States\" href=\"http:\/\/maps.google.com\/maps?ll=38.8833333333,-77.0166666667&amp;spn=10.0,10.0&amp;q=38.8833333333,-77.0166666667 (United%20States)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">American<\/a> culture versus the culture of the large number of immigrants currently coming to America from different countries. Private property rights are one of the backbones of our freedoms&#8211;other countries may not have those rights. In order to keep our middle class strong economically and help keep our neighborhoods crime-free, we need to encourage all Americans, whether they were born here or just arrived from another country, to own homes and take care of them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washington Examiner reported today that the rate of homeownership in America has declined steadily since 2006. The article includes the following graph: The article explains: The only age group that saw a rising homeownership rate over the past year &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=28873\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6157,10203,9443,7474,1992,2720],"class_list":["post-28873","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-american-middle-class","tag-economic-indicator","tag-home-ownership","tag-housing-bubble","tag-investment","tag-the-washington-examiner"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/28873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28873"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/28873\/revisions"}],"predecessor-version":[{"id":28875,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/28873\/revisions\/28875"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}