Extra Census Bulletin No. 76
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Home values in Philadelphia do not always include land values, because the land on which a dwelling stands is frequently not owned by the owner of the dwelling ; hence the ground rent system in that city makes the values of owned homes lower than they would be if the same person owned both land and dwelling ; and it has a like effect upon the amount of the incumbrance, c. o. P.— 4m 2 FARMS, HOMES, AND MORTGAGES.
In Pittsburg, 72.11 per cent of the home families hire and 27.89 per cent own their... homes; 37.90 per cent of the home owning families have incumbrance on their homes, and 62.10 per cent own and occupy homes free of incumbrance. Among 100 families, on the average, 72 hire, 11 own with incumbrance, and 17 without incumbrance.
Averages for each owned and incumbered home : incumbrance, $1,635 ; value, $4,235 ; interest charge for one year, $95 ; rate of interest, 5.83 per cent. Homes are incumbered for 38.61 per cent of their value.
Real estate purchase and improvements, when not associated with other objects, caused 80.15 per cent of the farm families to incur 81.61 per cent of the farm debt and 85.42 per cent of the home families to incur S3.
What to read after Extra Census Bulletin No. 76?
You can find similar books in the "Read Also" column, or choose other free books by United States. Census Office. 7th Census, 1850 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Home values in Philadelphia do not always include land values, because the land on which a dwelling stands is frequently not owned by the owner of the dwelling ; hence the ground rent system in that city makes the values of owned homes lower than they would be if the same person owned both land and dwelling ; and it has a like effect upon the amount of the incumbrance, c. o. P.— 4m 2 FARMS, HOMES, AND MORTGAGES.
In Pittsburg, 72.11 per cent of the home families hire and 27.89 per cent own their... homes; 37.90 per cent of the home owning families have incumbrance on their homes, and 62.10 per cent own and occupy homes free of incumbrance. Among 100 families, on the average, 72 hire, 11 own with incumbrance, and 17 without incumbrance.
Averages for each owned and incumbered home : incumbrance, $1,635 ; value, $4,235 ; interest charge for one year, $95 ; rate of interest, 5.83 per cent. Homes are incumbered for 38.61 per cent of their value.
Real estate purchase and improvements, when not associated with other objects, caused 80.15 per cent of the farm families to incur 81.61 per cent of the farm debt and 85.42 per cent of the home families to incur S3.
What to read after Extra Census Bulletin No. 76?
You can find similar books in the "Read Also" column, or choose other free books by United States. Census Office. 7th Census, 1850 to read onlineMoreLess
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