Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent is the owner AND owns investment real estate property, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home.
19b. Think of the largest single real estate investment you have. Do you have a mortgage on that property?
| Response | Owns Investment Real Estate | All Small, Employing Business Owners | ||
|---|---|---|---|---|
| 1 | Yes | 52 | 22 | |
| 2 | No | 47 | 78 | |
| 3 | DK/Refuse | 0 | 0 | |
| Total (%) | 99 | 100 | ||
| N | 314 | 690 | ||
Notes: Fifty-two (52) percent of small employer/owners who own investment real estate, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home, have a mortgage on that property (Q#19b). Twenty-two (22) percent of small employer/owners have a mortgage on investment real estate, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home, have a mortgage on that property (Q#19b).
