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Working Papers

Exit from Homeownership by Low-Income Households

Jeffrey Zabel • November 12, 2019

One of the justifications for federal involvement in the homeownership market is that it provides one of the few ways that low-income households can accumulate wealth. But…
Working Papers

Home Price Appreciation in Low- and Moderate-Income Markets

Karl Case, Maryna Marynchenko • October 7, 2001

At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…