American Black Upper Class - Home Ownership Rates

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.

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Famous quotes containing the words home, ownership and/or rates:

    This be the verse you grave for me:
    Here he lies where he longed to be;
    Home is the sailor, home from the sea,
    And the hunter home from the hill.
    Robert Louis Stevenson (1850–1894)

    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)

    In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.
    Gloria Steinem (20th century)