Posted To: MND NewsWire

After years of gains in educational attainment, employment, and wages, women have increased their rates of both homeownership and headship (the number who are heads of households). Now the Urban Institute (UI) says the pandemic may have put those advances at risk. Jung Hyun Choi, Laurie Goodman, and Jun Zhu write in UI’s Urban Wire blog that 30 years ago a male partner in married, heterosexual households was generally the main breadwinner and considered the household head. Then, between 1990 and 2019, as the marriage rate declined, the share of households headed by single women increased from 17.6 percent to 22.6 percent. It is also common to see women heading married two-earner households and those where this is true increased 24.3 percentage points over that same period to 46.1 percent in…(read more)

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Source: Mortgage News Daily