Wealth Accumulation in the Housing Market for Low-Income Households.

Wainer, Allison.

2016

Description
  • This study tests whether homeownership is a viable path to wealth accumulation for low-income households in the US. Using the most recently published data from a novel, panel dataset, I find that low-income households that transition to homeownership see small increases in wealth that vary based on when they purchased their homes.
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