While increased buyer demand contributed to the run - up in prices, it also likely squeezed
less affluent households looking to purchase vacation properties.
The third, which is by far the most important, is that children from
less affluent households suffer a double whammy.
The Census Bureau data also indicate that among
less affluent households, fewer directly owned stocks and mutual fund shares in 2011 (13 %) than in 2009 (16 %), meaning a smaller share enjoyed the fruits of the stock market rally.
Not exact matches
For example,
less -
affluent households own little stock and are
less likely to own their own homes.
During the first four years of life, a child from a lower - income
household hears roughly 30 million fewer words,
less than a third, than her more
affluent peers.
Adults with an annual
household income of
less than $ 30,000 are about twice as likely as the most
affluent adults to be non-book readers (33 % vs. 17 %).
Relationships between our consumerism measures and both smoking and drinking were largely similar for males and females and for those from
less affluent compared with more
affluent households.
The SHeS analysis showed no variation with
household income for boys or girls, but boys in areas of high deprivation were
less likely to meet physical activity recommendations than those in more
affluent areas, with no clear pattern for girls.
Capital and mortgage financing rules being drafted in Washington and elsewhere raise the possibility that the United States will become increasingly split between
affluent home owners and
less affluent renters, because lenders will be constrained to stay within tight mortgage underwriting rules that many
households won't be able to penetrate.