April 5, 2005

Michigan residents likely to live in homes they own

Kurt Metzger, director of research for the Center for Urban Studies, commented about a new U.S. Census Bureau report showing that 74.5 percent of Michigan's 3.8 million occupied housing units were inhabited by their owners in 2003. Only Minnesota had a higher rate with 76.6 percent. \"We grew out instead of up in Michigan. We\'ve always been a state of single-family homes where the cost of housing was relatively cheap because there was a lot of it.\"

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