Monday, February 13, 2006

Why Aren't As Many Men Buying Real Estate?

The New York Times reports:
A study published last month by the National Association of Realtors shows a continuing disparity, with single women accounting for 21 percent of recent home buyers and single men accounting for 9 percent.

The share of single male buyers has remained steady at around 10 percent since 1993 but has never eclipsed the percentage of single female buyers. (Respondents to the survey who defined themselves as single were divorced, widowed or separated or had never been married.)

Certainly the buying gap between the sexes cannot be attributed to men's inferior earning power. Women in the United States earn about 76 cents for every dollar that men make, according to the Census Bureau. Few senior executives at American companies are women. And not one woman is at the helm of a Fortune 100 company.
You'll want to read the whole article.We'd be willing to bet this is more pronounced in Blue America.