Arizona Daily Star, May 17, 2013, Friday

Arizona Daily Star

May 17, 2013, Friday

Arizona Daily Star (full article)

Rethinking the virtues of owning your home

Enormous inequality in the distribution of wealth preceded the unraveling of the housing crisis in the Great Depression, as well as the recent recession, said Cornell University professor Louis Hyman. The richest 1 percent's share of overall income hit 24 percent in 1928 and again in 2007, he said.