Solved

Which of the Following Is True Regarding Homeownership Among African

Question 19

Multiple Choice

Which of the following is true regarding homeownership among African Americans?


A) From 2000 to 2015, the rate of black homeownership plunged to approximately 41 percent.
B) Average wealth for African Americans who are homeowners is much higher than for those who are renters.
C) The average white household among those aged 47-64 years has housing wealth of about $67,000, whereas the average African American household in the same age cohort has no home equity.
D) Far more whites than blacks use home equity wealth for children's college educations, to sustain a normal retirement, and for other life enhancements.
E) All the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents