The rate of renters compared to home owners in the city is identified to be determinably balanced in relation to the percentage noted through the survey completed. Noting from the first and second tabular presentation, the residents staying in areas within the zip codes 50009 to 50327 have a distinct separation of capacity to accomplish housing resources. In total, there are 74,122 total of homeowners in the city. They are the ones who own the private homes and establishments which renters tend to occupy. Overall, there is a total of 110,921 renters who take on the opportunity to occupy the said areas.
Considerably, such comparison rate of the home owners and the renters provide a distinct indication of economic disparity in the city among the residents. It could be understood through this report that the emergence of renting culture in the city has a distinct effect on how the vision of economic development in the city is able to be defined according to the capacity of each individual or each family to attain the shelter resource that is necessary for survival. The available areas for shelter choices allow members of the city to become more acquainted to the possibility of utilizing the available economic resources that the residents could use to be able to survive the challenge of thriving in the city.
Based from this graph, residents in the ZCTA5 paying at least $180,263.72 reflect the part of the city where most renters are located. The reflection of this rate imposes on what economic standing the members of the city are specifically not for. The least paying zone in the city accounts for at least $ 6,323.67 where most members of the area own their homes. The comparative rate between the renters and the owners of homes show the large disparity between the wealthy and the poor members of the community. With this in thought mind, based from the scale presented through the report, it could be understood that such disparity represents a more effective indication of how economic determination of the capacity of individuals to survive becomes strongly insistent on what else needs to be completed and created to be able to establish a program that would support the need of the members of the community to attain the proper shelter they deserve to have. Notably, the report insists on how the relationship of poverty and wealth in the community determine the capacity of each individual and each family to survive the challenge of having a roof over their heads, amidst the possible economic imbalance that they may be involved with. The inclusion of the need to control the economic disparity in the community would depend on the willingness of each member of the city to be supported by the government and the desire of the government to provide a sense of assistance to the said members of the community. Based on the indication of development that the city needs, the rate of renter versus the home owners implicate the need to establish a definite course of separation and distribution of wealth.
DES Moines Housing And Commuting Census Report Examples
Type of paper: Report
Topic: Government, Economics, Development, Community, Family, Homelessness, City, Home
Pages: 2
Words: 500
Published: 03/16/2020
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