Horizontal Bar Chart 1

Homeownership Affordability Status, by Type of House and Tenure: 1993

(In percent)

                         Percent who can afford various types of  houses 

                                      in their area

                               Owner   Owner       Renter    Renter

                              Families Individuals Families  Individuals

Median-priced house              68        47         9         7

Modestly priced house            76        61        12        11

Low-priced house                 81        71        15        16

Median new single-family house   51        29         5         4

Median condominium               67        45         8         7

Median price-adjusted house      68        47         9         7

NOTE: Affordability relates to the ability to qualify for a conventional, 30-year mortgage

with a 5 percent  down payment.  See text for explanation of home types