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Low-Income Homeownership: Examining the Unexamined Goal: James A. Johnson Metro Series

Editat de Nicolas P. Retsinas, Eric S. Belsky
en Limba Engleză Paperback – 13 aug 2002
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.
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Specificații

ISBN-13: 9780815706137
ISBN-10: 0815706138
Pagini: 495
Ilustrații: Illustrations, maps
Dimensiuni: 152 x 229 x 27 mm
Greutate: 0.7 kg
Ediția:New.
Editura: Brookings Institution Press
Colecția Brookings Inst. Press/Harvard JCHS
Seria James A. Johnson Metro Series


Notă biografică

Edited by Nicolas P. Retsinas and Eric S. Belsky

Descriere

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.