All of the following statements about housing in the U.S. are true except
(a) most Americans rent rather than own their own homes;
(b) nearly half of the nation’s lowest income households live in substandard housing;
(c) housing accounts for about 1/5 of the nation’s Gross Domestic Product (GDP);
(d) affordable housing is defined as housing that costs under 30% of household income
Ans: A
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