Publication Date

7-1-1996

Summary

Homeownership for low-income families is becoming the housing policy of choice in the 1990’s. To what extent is this justified? What should the policy be? This paper concludes that homeownership policy for the poor may have positive effects, but the circumstances of poor households--especially neighborhood conditions and income instability--must be taken into account.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Asset Building

Notes

Subsequent publication: Scanlon, E. (1998). Low-income homeownership policy as a community development strategy. Journal of Community Practice, 5(2), 137–154. doi:10.1300/J125v05n01_09

Original Citation

Scanlon, E. (1996). Homeownership and its impacts: Implications for housing policy for low-income families (CSD Working Paper No. 96-2). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K70K2822

Keywords

homeownership, low income, policy, asset effects

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