Slow and Steady: Model T’s Cross-Country Trip

After 34 days and 3,600 miles across America on dirt roads, the Model T that recreated Edsel Ford’s 1915 road trip from Detroit to San Francisco reached its destination earlier this month. “Seeing America in the slow lane turns out to be amazingly pleasant,” said Mark Gessler, president of the Historic Vehicle Association. “I was surprised how comfortable a 100-year-old car actually is.” Virtually identical to the 1915 Model T Touring...

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Homeownership Rate Expected to Keep Falling

By Emily Badger The Washington Post Washington — The homeownership rate in the U.S. has been tumbling since the height of the housing boom. Fewer people own their homes — because foreclosures claimed them, or because the housing bust taught everyone to be wary, or because the economy ensured that families who might have bought in the past can’t afford a home today. For a lot of reasons, though, this trend is not temporary. It won’t...

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