The Crowdfunding Down Payment Option

Anne Anderson and Richard J. Kish

Journal of Housing Research, 2021, vol. 30, issue 1, 59-76

Abstract: A variety of crowdfunding sites, such as HomeFundIt, provide competitive options for perspective homebuyers to obtain the necessary funds required for their down payment. Although other options exist through both federal and state government sponsored programs for home buying assistance, they typically have eligibility constraints regarding income levels. This paper, which is primarily descriptive, explores the crowdfunding options available and provides an overview of the potential costs and benefits of these options. The comparative cost analysis of the various alternatives finds that the HomeFundIt option is the best alternative for millennials.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10527001.2021.1915662 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rjrhxx:v:30:y:2021:i:1:p:59-76

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjrh20

DOI: 10.1080/10527001.2021.1915662

Access Statistics for this article

Journal of Housing Research is currently edited by Kimberly Goodwin

More articles in Journal of Housing Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().