The 2000 census reported that 29.1% of the households in a city
were homeowners and the remainder were renters. During the
nextdecade, 14% of the homeowners became renters and the rest
continued to be homeowners. Similarly, 17.6% of the renters became
homeowners and the rest continued to rent.
According to this transition matrix, what percentage of
households were homeowners in 2010?
How many continued to rent?
The 2000 census reported that 29.1% of the households in a city were homeowners and the remainder were renters. During t
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The 2000 census reported that 29.1% of the households in a city were homeowners and the remainder were renters. During t
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