Full Citation

Title: Effects of the recent credit cycle on homeownership rates across households: what we know and what we expect

Citation Type: Conference Paper

Publication Year: 2009

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Abstract: After 1994, the homeownership rate in the USA departed from its historical secular pattern and increased from 64.0 percent in that year to a peak of 69.0 percent in 2004. Although it is currently trending down, the US homeownership rate is still above the levels recorded before 1998. This chapter summarizes its history and explains what factors are behind its recent behavior.

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Authors: Costantino, Cesar; Duncan, Doug

Conference Name: Symposium on Housing Markets and the Global Financial Crisis - The Uneven Impact on Households

Publisher Location: Hong Kong, PEOPLES R CHINA

Data Collections: IPUMS USA

Topics: Housing and Segregation

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