US Poverty Crisis: The amount of people in poverty is highest since 1993, home ownership is lowest since 1993

The US Poverty statistics are not looking good. Although historically, poverty rates were much higher in the 50’s, they are currently highest as measured since 1993. Home Ownership Falls According to Bloomberg, Home ownership Rate U.S. Falls to 63.7%, Lowest Since 1993. This statistic, however, does not reflect the whole picture. Most of these homeowners are