Low-Income Homeownership - Examining the Unexamined Goal

A Brookings Institution Press and Harvard University Joint Center for Housing Studies publication
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.

About the author

Edited by Nicolas P. Retsinas and Eric S. Belsky

Summary

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.

Product details

• Authors: Nicolas Retsinas, Nicolas P. (EDT)/ Belsky Retsinas
• Assisted by: Eric S Belsky (Editor), Eric S. Belsky (Editor), Belsky Eric S. (Editor), Becky Clark (Editor), Nicolas P Retsinas (Editor), Nicolas P. Retsinas (Editor)
• Publisher: Brookings Institution Press
• Languages: English
• Product format: Paperback / Softback
• Released: 01.09.2002
• EAN: 9780815706137
• ISBN: 978-0-8157-0613-7
• No. of pages: 495
• Dimensions: 152 mm x 229 mm x 32 mm
• Series: James A. Johnson Metro Series; James A. Johnson Metro; James A. Johnson Metro Series; James A. Johnson Metro
• Subjects: Social sciences, law, business > Business > Economics; Economics, BUSINESS & ECONOMICS / Economics / General, SOCIAL SCIENCE / Criminology, SOCIAL SCIENCE / Human Services, Urban & municipal planning, United States of America, USA, Social services & welfare, criminology, Social services and welfare, criminology, Urban and municipal planning and policy, Social groups, communities and identities