Trends in homeownership: race, demographics, and income

Lewis M. Segal and Daniel Sullivan

Economic Perspectives, 1998, vol. 22, issue Q II, 53-72

Abstract: The nation's homeownership rate recently reached an all-time high, with especially large gains among black households. This article quantifies the impact of underlying demographic and income trends on homeownership, concluding that while much of the increase in the aggregate homeownership rate can be attributed to faster growth in real incomes, the gains experienced by blacks may, in part, reflect a new regulatory environment.

Keywords: Housing (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (17)

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