For many Americans, the thought of owning their own home is becoming an increasingly distant dream. According to U.S. Census Bureau data compiled by Redfin and published in Bloomberg, the American Dream is more tightly associated with a lease these days, rather than a mortgage. 52 of the 100 largest U.S. cities were majority renter in 2015 with 21 of them shifting to renter domination since 2009. The trend towards renting and decreasing home ownership can be attributed to many factors including the financial crisis, tight housing markets and demographic shifts.

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