The Center for Housing Policy reports that while homeownership is rising, it's falling sharply for working families with children: The startling conclusion is that homeownership among working families with children is actually lower today than it was in 1978...While the overall homeownership rate declined from 65 to 64 percent between 1978 and 1991, it rebounded sharply, rising to 68 percent by 2001, just shy of the current high. In contrast, the homeownership rate of families with children has never recovered from the losses experienced in the 1980s. In 1978, 70.5 percent of families with children owned their homes. In 2001, the share was 68.4 percent. And, low- to moderate-income working families with children were hit particularly hard. In 1978, 62.5 percent of all such families owned their homes. In 2001, their homeownership rate was just 56.6 percent.