A recent poll by Gallup, the national polling firm, found that the homeownership rate in the U.S. has sunk to just 62 percent, down from 73 percent in Gallup polls conducted in 2006 and 2007.  The poll asked respondents whether they own their own home.

At one time Presidents Clinton and Bush advanced initiatives to increase homeownership to 70 percent, but according to U.S. Census data, the actual homeownership rate peaked at 69.2 percent.

The Census Bureau puts the homeownership at 66.4 percent at the end of 2011.

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