Home Ownership Rates
It is estimated that 80 percent of upper class blacks own their own homes. This is compared to 66 percent of those earning more than $50,000 and 52 percent of those who earn between $30,000 and $49,999 in income.
Read more about this topic: American Black Upper Class
Famous quotes containing the words home, ownership and/or rates:
“For it’s home, dearie, home—it’s home I want to be.
Our topsails are hoisted, and we’ll away to sea.
O, the oak and the ash and the bonnie birken tree
They’re all growing green in the old countrie.”
—William Ernest Henley (1849–1903)
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)