Homeowner

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Homeowner

A person who owns his/her primary residence. Homeownership gives the owner a stake in his/her neighborhood or town's long-term stability, as we as a significant investment. The U.S. federal government thus attempts to encourage homeownership by allowing owners to deduct the interest on their mortgages from their taxable income.
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That model says that the probability of homeownership just depends on the group, d, to which the sample member belongs.
The national homeownership rate remained remarkably stable for the fifty years ending with World War II.
When compared with fourth-quarter 2007, the homeownership rates for the four major regions of the country were not statistically different from the previous year, noted the Census Bureau.
6 percent, the 2003 homeownership rate of working families with children--arguably the group that ought to benefit most from the stability of homeownership--is somewhat higher than that for working families generally.
And with homeownership being the foundation upon which most of the nation's personal wealth is built, it made perfect sense for us to demonstrate our commitment financially, as well.
GMAC Mortgage is committed to making homeownership a near-term financial reality for these and other prospective buyers.
Elsewhere, Boston and Chicago also have poor opportunities for workforce homeownership.
When compared with their respective rates a year ago, the homeownership rate for single-race black householders was higher, while the rates for non-Hispanic white householders and for Hispanic householders were not statistically different from the same quarter the previous year, according to the Census Bureau.
You stated that homeownership is a family's primary tool for wealth building, and President Bush and I agree.

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