Regional
10:50 am
Mon July 25, 2011

More Kentuckians Choose to Rent

Bowling Green, KY – U-S Census Bureau figures indicate that more residents of Kentucky are living in rental property, as some find it difficult to make house payments or qualify for home loans. The situation has added to problems facing the housing market, and the Census Bureau estimates that nearly eleven percent of the 1.9 million housing units in Kentucky are vacant. However, the report also found that a significant portion of the state's population no longer has to worry about house payments. 25 percent of all occupied housing in Kentucky is held by individuals who have paid off their mortgages.