Over Half Of American Cities Are Now Dominated By Renters

During his 1928 election campaign, President Herbert Hoover defined the 'American Dream' as "a chicken in every pot and a car in every garage." And while the chickens and cars (courtesy of a massive subprime auto loan bubble) don't seem to be much of a problem these days, for Americans in over half of the largest cities in the country, owning a home is.