Homeownership just dropped to the lowest level since 1965—blame the millennials

[WillowTree]

Millennials haven't moved out of the basement yet.

 

[DigitalDrifter]

The milennials are not interested in owning automobiles either.

 

[georgephillip]

Actually I blame CrusaderFrank who believes that government should bomb Moscow and not do much else, and those who think like him.

Homeownership just dropped to the lowest level since 1965—blame the millennials
After rising just over a decade ago to its highest level ever, the homeownership rate fell in Q2 to match its all-time low.

On a possibly related note, does this sound accurate?
Wall Street On Parade
"Last Friday, FactSet reported the following for the second quarter of 2016 (Q2) based on 25 percent of S&P 500 companies having reported so far:

“'For Q2 2016, the blended earnings decline is -3.7%. If the index reports a decline in earnings for Q2, it will mark the first time the index has recorded five consecutive quarters of year-over-year declines in earnings since Q3 2008 through Q3 2009.'

"Not to put too fine a point on it, but the third quarter of 2008 through the third quarter of 2009 was during the Great Recession – the greatest economic calamity since the Great Depression."