Homeownership Experience of Low-Income and Minority Households

From: HUD USER News
 
Owning a home is widely recognized as a way to
accumulate wealth, to counter rising housing costs, and
to provide a favorable climate for child development.
While there have been several recent reviews of
empirical evidence on the benefits of homeownership,
HUD's Office of Policy Development and Research
initiated a unique analysis of the homeownership
experiences of low-income and minority households and
the gains they derive from owning a home. The
Homeownership Experience of Low-Income and Minority
Families: A Review and Synthesis of the Literature
reviews decisions regarding different types of homes to
buy, neighborhoods to settle in, and housing costs to
assume. In light of the persistent lag in homeownership
rates related to income, race, and ethnicity, this study
offers useful data for effective policymaking by
highlighting the choices and subsequent outcomes for
low-income and minority households.
 
The report is available as a free download
at https://www.huduser.gov/portal/publications/HOMEOWN/hisp_homeown9.html
or in print for a nominal fee by calling 800-245-2691,
option 1.
 
--------------------------------------
Please contact us at:
HUD USER
P.O. Box 23268
Washington, DC 20026-3268
1-800-245-2691
1-800-927-7589 (TDD)
202-708-9981 (fax)
--------------------------------------
The HUD USER News listserv keeps busy professionals in
the fields of housing and community development informed
of new research and resources available from the U.S.
Department of Housing and Urban Development's Office of
Policy Development and Research (PD&R). Periodically,
publication announcements and other useful information
will be sent via the listserv. The HUD USER and
Regulatory Barriers Clearinghouses value your privacy;
we do not share our mailing lists with other groups, and
you can unsubscribe at any time.
 
You can search the listserv archives
at https://www.huduser.gov/portal/elist/archive.html.
 
Why not share HUD USER's resources and information with
a colleague? Forward this e-mail to associates who may
be interested in the housing research and data sets we
have to offer. Thanks!
 
To keep up with the latest HUD research and related
resources, you can also sign up for a free subscription
to our ResearchWorks newsletter (in either electronic or
print-based formats) by visiting https://www.huduser.gov/emaillists/subscr.html.
 
--------------------------------------
 
You were sent this HUD USER News update because
you expressed interest in receiving a weekly email to
stay informed of new HUD research and resources. If you
no longer wish to receive this email, please send an
email to hudusernews@huduser.gov with "unsubscribe"
as the SUBJECT.