Lesson V:
Housing
Housing is the single largest expenditure for most households. According
to the 2001 Consumer Expenditure Survey, Midwest families spend 32% of
their household income on housing. Many lower income households spend
50% or more of their income on housing. For homeowners the equity they
have in their home is their largest investment. For these reasons understanding
housing issues is critical for assisting families with resource management
issues.
This lesson is divided into four parts. The first two parts focus on
home ownership and issues related to home buying. The third part deals
with renting housing. Sources of housing assistance are discussed in the
final segment of the lesson.
Lesson Contents
Work through these at your own pace. Each part includes
readings and activities which must be completed to finish the entire lesson.
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