Still the American Dream?

May 02, 2012 | Lili Park, Vice President, Client Service

This week’s chart chronicles the trends of home ownership and prices since the turn of the century. During the robust residential real estate market of the mid-2000’s, home ownership rates peaked at 69.2 percent with the home price index exceeding $200,000. However, the financial crisis of 2008 coupled with a surge of foreclosures and high unemployment rates have contributed to a decade low home ownership rate of 66 percent. Not surprisingly, the home price index has cratered as ownership has declined.

A recovery for home ownership and prices faces several headwinds. To begin with, plunging home prices, a shaky job market, and frail economy have many first time home buyers resistant to committing to a purchase, in spite of the attractive price opportunities. For purchasers looking to take advantage of low interest rates, other hurdles remain, chief among them stricter underwriting standards for mortgages and higher required down payments.

Collectively, these trends help explain the booming rental market of today, as seen from the perspectives of demand, supply, and investment. Perhaps more importantly, does this mean that the American dream of owning a home is quickly becoming a thing of the past?

Lili Park
Vice President, Client Service

Get to Know Lili

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

Related Content

Two-line chart showing median and average time in years for global unicorns to exit, 2016 to 2025. The 2025 data point (9.2 years median, 9.7 years average) is the highest point charted. In 2016, the median was 6.1 years and average was 6.0. For full dataset, please contact marquettemarketing@marquetteassociates.com.

06.22.2026

The VC Convergence Era

When Benchmark, one of Silicon Valley’s most renowned early-stage venture capital firms, closed $2 billion across two new funds this…

Two-line chart showing Private Construction Spending for Data Centers and Public Construction Spending for Transportation from December 2013 to present in billions of dollars. Data Centers in 2013 were $1.6 billion and Transportation was $28.7 billion. Since 2022, Data Center spending has increased quickly; Transportation has increased overall but relatively steadily. April 30, 2026 data point for Data Centers was 50.7, while Transportation was 49.9. For full dataset, please contact marquettemarketing@marquetteassociates.com.

06.15.2026

Centers of Attention

The rapid buildout of artificial intelligence infrastructure is reshaping the U.S. investment landscape. According to recent Census Bureau data, spending…

Line chart comparing Growth of $100 and Average Sharpe Ratio for MVIS BDC Index, Cliffwater Direct Lending Index as averages. Data goes back January 2010 through March 31, 2026. Average Sharpe for MVIS US BDC 0.4, Direct Lending 3.28, Bank Loan 0.79. Current datapoint for BDC is $425 and $479 for Direct Lending. For full dataset, please contact marquettemarketing@marquetteassociates.com.

06.08.2026

How to Launder Your Volatility

Hi, James Torgerson here! Volatility can be an unsightly blemish on portfolios and lead to inferior risk-adjusted returns. Private credit…

Column chart showing weight in MSCI Emerging Market Index for Taiwan, South Korea, and China annually since 2006. Taiwan hovered around 11% up to 2021, and has increased since then, with 2026 YTD at 26.5%. South Korea has followed a similar path, averaging about 14% 2006 to 2023; 2024 dropped to 9%, but 2025 was back up to 13.3%, and its weight has jumped to 23.1% YTD. China generally increased up to 2020, peaking at 29.7% of the index, but has since mostly decreased year to year, with 2026 YTD at 19.7%. For full dataset, please contact marquettemarketing@marquetteassociates.com.

06.01.2026

The New Face of Emerging Markets

The MSCI Emerging Markets Index has undergone a significant structural transformation in recent years. For much of the past decade,…

05.26.2026

The Best and Worst of Times

The classic novel A Tale of Two Cities by Charles Dickens begins with the line “It was the best of…

Four-line chart showing weight in Bloomberg Aggregate U.S. Bond Index for Treasuries, Government-Related, Corporate, and Securitized sub-indices, 12/31/1999 through 3/31/2026. For date range shown, Treasuries started at 31.7% and end at 45.9%. Government-Related start at 11.4% and end at 4.3%. Corporates start at 20.9% and end at 23.9%. Securitized start at 36.0% and end at 25.9%. For full dataset, please contact marquettemarketing@marquetteassociates.com.

05.18.2026

The “Magnificent One”

Over the last few years, equity markets have been defined by a group of stocks often referred to as the…

More articles

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >