题目内容
average considerably lower levels of economic activity and much lower wages and incomes. Far too
many people in financial problems are trapped in homes they can't sell, unable to move on to new centers
of opportunity.
The cities and regions with the lowest levels of homeownership-in the range of 55% to 60% like Los
Angeles and New York-had healthier economies and higher incomes. They also had higher levels of
happiness and well-being.
I was shocked to read these interesting points that Richard Florida made in his recent article. Let
me try to understand. The people in Detroit and St. Louis are less happy than the people in New York,
and Los Angeles. And, the reason is because of home ownership rates?
First, to compare them to New York City (the economic capital of the world), Los Angeles (the entertainment capital of the world) seems unfair. Most people in almost any other city in the world might be less
happy!
Next, let's try a different way of determining whether renters are happier than homeowners. Why
don't we ask them? Fannie Mae's National Housing Survey 2010 reported:
75% of current renters believe owning a home makes more sense.
67% plan to buy a home at some point in the future.
When they asked current renters for the major reason to buy a house, these were their answers (they
could pick several answers):
78% said it was a good place to raise children.
75% said because they would feel safe.
70% said because you have control your own space.
If you believe renters are happier, you would also have to believe the majority enjoy living in a less
safe environment, which wouldn't be a good place to raise children and would be a place where they
have less control of their space.
B. New York's low homeownership rate increases people's happiness levels.
C. Detroit's high level of homeownership causes its economic problems.
D. St. Louis has a higher level of homeownership than Los Angeles.
B. Renting a house is better than owning a house
C. Detroit's economy is healthier than New York's economy
D. New York and Los Angeles are happiest cities
B. benefit from low levels of homeownership
C. are leading cities across the globe
D. are best American cities to live in
B. most homeowners plan to sell their houses
C. most renters prefer to become homeowners
D. parents need to buy a house for their children
B. to live in a safer environment
C. to make money
D. to have control of their own space
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