THE LEDGER-STAR Copyright (c) 1994, Landmark Communications, Inc. DATE: Tuesday, September 13, 1994 TAG: 9409130561 SECTION: FRONT PAGE: A1 EDITION: FINAL LENGTH: Short : 27 lines
Social and economic forces caused the U.S. home-ownership rate to
decline during the 1980s for the first time in at least half a
century, the Census Bureau reported today.
Overall, the 1990 census found 64.2 percent of the nation's
households were owners, down from 64.4 percent in 1980.
Ownership for African-American households was 43.4 percent in
1990, down from 44.4 percent a decade earlier.
For Latino households, the 1990 rate was 42.4 percent, down from
43.3 percents.
For white households, the rate was 68.2 percent in 1990,
continuing a steady rise.
The rate for Asians and Pacific Islanders also was higher at
52.1, up from 51.4 percent.
by CNB