Quotes About Lower-income

Many kids, particularly in lower-income families, would actually benefit from more structured activities. Plenty of children, especially teenagers, thrive on a busy schedule. But just as other trappings of modern childhood, from homework to technology, are subject to the law of diminishing returns, there is a danger of overscheduling the young.

Housing costs are also squeezing middle- and lower-income families. For the poorest third of households, housing expenses have increased more than 50 percent since the mid-1990s and for the middle third, about 25 percent.

Because we are the largest lender in the manufactured homes sector and are also normally lending to lower-and-middle-income families, you might expect us to suffer heavy losses during a housing meltdown. But by sticking to old-fashioned loan policies — meaningful down payments and monthly payments with a sensible relationship to regular income — Clayton has kept losses to acceptable levels. It has done so even though many of our borrowers have had negative equity for some time.