Homeownership vs. renting -- a roller-coaster decade
Two-thirds of the state's occupied homes were owned by the people living in them last year, the same as in 2000, according to new Census Bureau figures.
If we had only the decennial census to go by, it might seem like a remarkably stable decade. But the reality was just the reverse, of course.
A separate report from the agency that tracks homeownership quarter by quarter showed Maryland's rate hitting 74 percent at the beginning of 2006 before foreclosures and the rough economy sent it tumbling to 68 percent.
Hard-hit Florida, meanwhile, overshot. The homeownership rate was 67 percent last year, lower than in 2000, when it was 70 percent, according to the decennial figures.
The Census Bureau released another report recently that dug into a far more interesting question than how many Americans moved between 2009 and 2010: Why they moved. Some did so for work, for family reasons and the like, but more than 40 percent said housing itself was the motivating factor.
About 4 million said they moved to get a nicer place. Plenty of others, though -- 3 million -- moved in order to get cheaper digs. Just over 1 million were making the switch from renting to owning.
What's more important to you these days: nicer or cheaper?