Full Citation

Title: A Renter or Homeowner Nation?

Citation Type: Journal Article

Publication Year: 2016

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Abstract: Between the 1940s and the 1960s, the U.S. homeownership rate increased by nearly 20 percentage points, from mid-40 to mid-60 percent. The self-amortizing 30-year, fixed-rate mortgage, introduced by the Federal Housing Administration/Veterans Administration (VA—now the U.S. Department of Veterans Affairs) transformed the United States from a nation of renters to a nation of homeowners (Acolin and Wachter, 2015; Fetter, 2013).

Url: https://repository.upenn.edu/cgi/viewcontent.cgi?article=1410&context=fnce_papers

User Submitted?: No

Authors: Acolin, Arthur; Goodman, Laurie, S; Wachter, Susan, M

Periodical (Full): Cityscape: A Journal of Policy Development and Research

Issue: 1

Volume: 18

Pages: 145-157

Data Collections: IPUMS USA, IPUMS CPS

Topics: Housing and Segregation, Land Use/Urban Organization

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