More and More Americans Join the Homeowner Ranks

While some people spent the 1990s tossing their capital at dot-com ventures, far more Americans were investing their money in something more tangible. The ’90s deserve to be remembered as the decade when vast numbers of people became homeowners. Citing its own research and a University of Southern California study, the Fannie Mae Foundation says the ’90s produced “the largest home-ownership rate increase since the 1950s.” This was partly a function of the aging of the baby boomers, whose ownership rate rose from 66.2