This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is true of owning a home among low-income homeowners and renters? ... (Read 107 times)

karen

  • Hero Member
  • *****
  • Posts: 537
Which of the following statements is true of owning a home among low-income homeowners and renters?
 
  A. Homeowners were less likely than renters to interact with their neighbors.
  B. Renters were more likely to participate in neighborhood or block club meetings than homeowners.
  C. Homeowners experienced an increase in self-esteem over a period of three years of homeownership.
  D. Homeowners or renters did not their increase participation in social, school, or political organizations.

Question 2

Which of the following statements is true of the idealized vision of the American Dream of house ownership and renters?
 
  A. Low-income and minority homeowners have seen the highest rates in home appreciation over the years.
  B. Individuals who continue renting hold significantly higher assets than low-income homeowners.
  C. Homeownership does not necessarily guarantee benefits for low-income households.
  D. Home equity is the only component of a house owner's wealth.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bblaney

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C





 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library