JustRentToOwn.com Study: Does Hardship Line Up with Density and Homeownership Rates?
LOS ANGELES, March 31, 2015 /PRNewswire/ -- JustRentToOwn.com, an industry leading provider of Lease Option home listings nationwide, is pleased to announce the release of a study comparing data on hardship metrics to homeownership rates and density. Using the state of New York as a laboratory, the study compared county-by-county data seeking a correlation between homeownership, a classic sign of prosperity, and quality of life data assembled by the Upshot for New York Times. This study found a tie between density and homeownership rates, the relationship of which influenced prosperity in all but ultra-high density markets of New York City. Higher density markets on average had better outcomes and experienced less hardship. The most prosperous combined high density with higher than average homeownership rates. The study supports previous claims tying metrics such as density and public transit access to better outcomes, and finds preliminary trends that suggest homeownership in higher/lower density is another metric worth studying when getting an understanding of prosperity.
About JustRentToOwn.com
JustRentToOwn.com (JRTO) is an industry leader in Rent to Own real estate listings across the country. JRTO's mission is to provide comprehensive access to Rent to Own homes, and provide the support and resources necessary to get people on the path to homeownership. Featuring an expert team of available customer service representatives, JustRentToOwn.com provides consumers with the tools they need to get into the home of their dreams.
SOURCE JustRentToOwn.com
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