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Low Income Homeownership: Examining the Unexamined Goal

Low Income Homeownership: Examining the Unexamined Goal

Paperback

Series: James A. Johnson Metro

EconomicsGeneral Political ScienceGeneral Sociology

ISBN10: 0815706138
ISBN13: 9780815706137
Publisher: Brookings Institution Press
Published: Aug 13 2002
Pages: 512
Weight: 1.55
Height: 1.05 Width: 6.06 Depth: 9.36
Language: English

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.

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General Political Science