Yan is somewhere between his home and the stadium. To get to the stadium he can walk directly to the stadium, or else he can walk home and then ride his bicycle to the stadium. He rides $ 7$ times as fast as he walks, and both choices require the same amount of time. What is the ratio of Yan's distance from his home to his distance from the stadium?
	
$ \textbf{(A)}\ \frac {2}{3}\qquad \textbf{(B)}\ \frac {3}{4}\qquad \textbf{(C)}\ \frac {4}{5}\qquad \textbf{(D)}\ \frac {5}{6}\qquad \textbf{(E)}\ \frac {6}{7}$
1. Let \( a \) be the distance from Yan to his home, and \( b \) be the distance from Yan to the stadium.
2. If Yan walks directly to the stadium, the time taken is \( \frac{b}{v} \), where \( v \) is his walking speed.
3. If Yan walks home and then rides his bicycle to the stadium, the time taken is \( \frac{a}{v} + \frac{a+b}{7v} \), since he rides 7 times as fast as he walks.
4. According to the problem, both choices require the same amount of time. Therefore, we set up the equation:
   \[
   \frac{b}{v} = \frac{a}{v} + \frac{a+b}{7v}
   \]
5. To eliminate \( v \) from the equation, multiply through by \( v \):
   \[
   b = a + \frac{a+b}{7}
   \]
6. Multiply through by 7 to clear the fraction:
   \[
   7b = 7a + a + b
   \]
7. Combine like terms:
   \[
   7b = 8a + b
   \]
8. Subtract \( b \) from both sides:
   \[
   6b = 8a
   \]
9. Divide both sides by 6:
   \[
   b = \frac{8}{6}a = \frac{4}{3}a
   \]
10. Therefore, the ratio of Yan's distance from his home to his distance from the stadium is:
    \[
    \frac{a}{b} = \frac{a}{\frac{4}{3}a} = \frac{3}{4}
    \]

The final answer is \(\boxed{\frac{3}{4}}\)