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To: Follies who wrote (212818)	1/7/2003 3:09:39 PM
From: benwood	Respond to of 436258

Maybe the headlines should read "68% owe their homes." But that wouldn't sound so great, would it...

To: Follies who wrote (212818)	1/7/2003 3:29:08 PM
From: mishedlo	Respond to of 436258

What percentage of people live in very large cities like NY or Chicago and have no desire to anything ever but rent? M

To: Follies who wrote (212818)	1/7/2003 6:16:02 PM
From: GraceZ	Read Replies (1) \| Respond to of 436258

Yeah, 68% own 5% of their homes Funny...but not accurate.-g- Consider that total mortgage debt is 1999.9 billion and the total number of housing units, vacant and occupied, condo, single family, summer or year round is 123,425,000....then average mortgage debt per unit is $16,203 (check my math). This means that a huge number of houses in this country are owned outright, free and clear of any mortgage debt. The figure I always hear is 1/3. Anyone know where to find the exact figure?