Sunday, May 12, 2013

Homeownership Rates


From 1990 through 2010 the percentage of women owning their own homes has fluctuated. The highest percentage of family home ownership by women with no spouse present was in 2006. From 2007 on this group did not do as well. 2007 was the beginning of the collapse of the housing bubble. They have not recovered to their pre-crash level.

Nonfamily households where one person resides have more women owning homes than men. That is consistent across the decade with little effect by economic hardship as families experienced. "Other" households have the same phenomena with women out performing men. Oddly interesting since women earn less.

But, it obvious that single parent families with female heads of households have a more difficult time when economic conditions are adverse. It could be said single female households are exclusively hit the hardest when economic conditions are adverse. Marrieds are not effected because there is a man in the house. Single male households are not effected either. So, the disparity in income by single female households is profound and insures greater economic instability of these families.