One of the main contributors to aggregate demand is homeownership. Not only do new homes add to investment spending, but home ownership creates wealth and financial security that leads to greater consumption in the economy. Consider the accompanying table, which lists homeownership rates in US states as of the fourth quarter of 2018.

state	Home ownership rate (%)
Alabama	69.8
Alaska	63.5
Arizona	66.8
Arkansas	64.8
California	56
Colorado	66.3
Connecticut	62.6
Delaware	70,9
D.C.	38.7
Florida	67.1
Georgia	63.1
Hawai	59.3
Idaho	69.1
Illinois	65.8
Indiana	67.2
Iowa	69.1
Kansas	66.1
Kentucky	68.6
Louisiana	66.1
Maine	76.1
Maryland	66.5
Massachusetts	61.1
Michigan	74.8
Minnesota	70.7
Mississippi	72.3
Measurements	74.3
Montana	68.6
Nebraska	65,9
Nevada	60.4
new hampshire	73.3
New Jersey	63.7
New Mexico	69.3
NY	52.3
North Carolina	65.7
North Dakota	60.8
Ohio	67,9
Oklahoma	69.7
Oregon	61.3
Pennsylvania	69.8
Rhode Island	60.3
South Carolina	71.7
Dakota del Sur	71.4
Tennessee	64.8
Texas	63.3
Utah	74.7
Vermont	70.2
Virginia	66.4
Washington	63.7
West Virginia	73.5
Wisconsin	70.1
Wyoming	72.8
US Average	66.4

Calculate the difference in homeownership rates between the District of Columbia (DC) and Maine, then consider why the rates are higher in Maine than in DC.