Quote:
Originally posted by Hank Chinaski
Not to diminish the plight of those w/o health insurance, w/o the hope of owning a home, etc., but it is not the "vast majority" of working America, not even close.
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This exchange made me realize that I didn't really know the percentages of households that are homeowners.
Apparently, if you're a white household, you probably own your house. If you're not white, it's more of a 50-50 proposition.
The overall U.S. homeownership rate now stands at 68.6% overall, and of that, the minority homeownership rate is 50.6%. So sayeth
a celebratory White House statement, though I'm sure more direct evidence is available.
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