Benchmark
By This Measure, Homeownership in the U.S. Has Never Been More Valuable
Rental profit as a share of Americans' income is the highest ever
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The value of owning a home in the U.S. has never been greater, at least according to one figure buried in a monthly Commerce Department report.
The share of Americans' total personal income coming from rental profit rose to a record 4.4 percent in the first quarter of 2016, data released in June show. That's at an all-time high in figures dating back to 1947, and is up from just 0.7 percent thirty years ago.