eBook

Low Income Homeownership: Examining the Unexamined Goal

Retsinas, Nicolas Paul, Belsky, Eric S.

2004,2002

Overview

A generation ago little attention was focused on low-income homeownership. Today homeownership rates among under-served groups, including low-income households and minorities, have risen to record levels. These groups are no longer at the margin of the housing market; they have benefited from more flexible underwriting standards and greater access to credit. However, there is still a racial/ethnic gap and the homeownership rates of minority and low-income households are still well below the national average. This volume gathers the observations of housing experts on low-income homeownership and its effects on households and communities. The book is divided into five chapters which focus on the following subjects: homeownership trends in the 1990s; overcoming borrower constraints; financial returns to low-income homeowners; low-income loan performance; and the socioeconomic impact of homeownership.

• Publisher: Brookings Institution Press,Brookings Institution Press and Harvard University Joint Center for Housing Studies,Joint Center for Housing Studies,Bloomsbury Publishing USA
• Subject: City Planning & Urban Development / Economic conditions / Finance / Home ownership / Home ownership -- Social aspects -- United States / Homeowners / Homeowners -- United States -- Economic conditions / Housing / Housing market / Hypothek / Loans / Low income / Low-income housing / Low-income housing -- United States / Low-income housing -- United States -- Finance / Mortgages / Niedrigeinkommen / POLITICAL SCIENCE / Public Policy / Social aspects / Social Policy / U.S.A / United States / USA / Wohneigentum / Wohneigentumspolitik
• ISBN: 0815706030, 9780815706038, 9780815706137, 0815706146, 0815706138, 9780815706144