Todd Shoenberger

Biggest Drop in US Home Ownership in 20 Years

The percentage of homeowners, as opposed to renters, fell from 69.1% to 67.8% this year, the sharpest decline in 20 years, according to census data through the end of March. Despite the doom and gloom surrounding real estate, Diligent Investors editor Todd Schoenberger, is bullish on one particular shopping-center REIT that’s paying a 7.5% dividend yield.