OCR Text |
Show OWNER-OCCUPIED HOMES REACH HALF-WAY MARK The percentage of owner-occupied dwellings has finally passed the half-way mark. The housing shortage has had a great deal to do with it because sales rather than leases are often preferred. pre-ferred. In 1947 the ratio of owners to renters was 55 per cent, according ac-cording to the Census Bureau. There were 39,1000,000 occupied dwellings of which 21,300,000 were owner occupied. Back in the '90's the ratio was 48 per cent but by 1940 the percentage per-centage had slipped to 43. Trade interests have a stake in the new trend because usually more money is spent on furnishings furnish-ings and other requirements when the home is owned. As far as it is known, there has been no study to find out how the household purchases pur-chases vary in sections where the owner occupancy is high in relation rela-tion to other areas but probably some sharp differences would be revealed. The gardener, for instance, in-stance, may skimp on clothes but rarely on bulbs. |