OCR Text |
Show Increase noted in home owners Persons owning their own home now represent more than five out of every eight occupied occu-pied housing units in the United Unit-ed States. The poportion was about 63.5 per cent in the first quarter of this year, the highest high-est in the U.S. Bureau of the Census records going back a while before the turn of the century. The ratio first crossed the 50 per cent mark in the decade de-cade of the forties and has moved up steadily since. Home ownership is most prevalent outside metropolitan areas where the proportion of owner occupancy is seven out of every ten. Regionally the North Central states lead the rest of the country with a rate of just under 69 per cent. The Northeast is the lowest with 57.5 per cent. |