In recent years, there have been great social and economic changes in the United States. And, these changes have affected almost all of America’s housing system, from home building to home buying.
First of all, American families are becoming smaller. People nowadays are having fewer children, or choosing not to halve children at all. Many people are marrying later in life. And about 40% of all American marriages end in divorce.
All this means that many Americans now want smaller houses. And a large percentage are buying apartments.
This has created a shortage of rental housing in many parts of the country. It has caused special difficulties for those who are old or poor, and do not have the money to buy a place of their own.
Some people are solving this problem by forming cooperatives. In a cooperative, everyone in an apartment building joins together and buys a share of the building. If 20% of those living in the cooperative have low earning
In recent years, there have been great social and economic changes in the United States. And, these changes have affected almost all of America’s housing system, from home building to home buying.
First of all, American families are becoming smaller. People nowadays are having fewer children, or choosing not to halve children at all. Many people are marrying later in life. And about 40% of all American marriages end in divorce.
All this means that many Americans now want smaller houses. And a large percentage are buying apartments.
This has created a shortage of rental housing in many parts of the country. It has caused special difficulties for those who are old or poor, and do not have the money to buy a place of their own.
Some people are solving this problem by forming cooperatives. In a cooperative, everyone in an apartment building joins together and buys a share of the building. If 20% of those living in the cooperative have low earning
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