PB_HORecord
Mortgage Finance, Affordable Homeownership, Regulation & Reform, Impacts of Homeownership
Policy Brief | May 2012

Setting the Record Straight on Homeownership

Janneke Ratcliffe
Research funded by Ford Foundation

Center executive director Janneke Ratcliffe uses research findings to counter common misconceptions of homeownership among low-income families and urges policymakers and practitioners to preserve this classic pathway to the American middle class.

Share
Print
Adjust font size

The foreclosure crisis has given rise to debate over the financial merits of homeownership, especially for families of modest means. Some have gone so far as to ask whether  America is becoming a nation of renters.

The center’s long-term study of nearly 50,000 low- and moderate-income homeowners before, during and after the foreclosure crisis confirms that low-income Americans can be successful homeowners and points to the economic benefits homeownership provides.

In this policy brief, center executive director Janneke Ratcliffe uses research findings to counter common misconceptions among homeownership by low-income families and urges policymakers and practitioners to preserve this classic pathway to the American middle class.

The UNC Center for Community Capital conducts research and policy analysis on ways to make financial services work better for more people and communities.

 

© 2017 UNC Center for Community Capital
1700 Martin Luther King Blvd., Suite 129 • CB#3452, Chapel Hill NC 27599-3452 • 919.843.2140 • 877.783.2359 • communitycapital@unc.edu