Billions spent by key federal agency hasn't made American dream of homeownership any easier: report

The traditional American dream of homeownership slipped further out of reach across the country over the last decade, even as Washington spent hundreds of billions of dollars on housing programs, according to a new government watchdog analysis.

Open The Books, a conservative watchdog that tracks government spending, analyzed a decade of home price and household income data across all 50 states and compared it with federal housing spending, finding virtually no relationship between greater...