Full Citation
Title: Racial and Financial Outcomes of Local Affordable Housing Provisions: The Case for the Montgomery County Moderately Priced Dwelling Unit
Citation Type: Dissertation/Thesis
Publication Year: 2018
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Abstract: Rising housing costs for low and middle-income households in numerous U.S. metropolitan markets have sparked interest among academics and policymakers since the 1970s (Case 1994). This has contributed to a marked decline in the affordability of housing for low and middle-income households. Many regions have suffered from a persistent shortage in affordable housing, especially those on the East and West Coast (Glaeser and Gyourko 2002). The gap between the price of homes delivered by the market and the price deemed accessible to the average household has only gotten wider in these markets. For instance, the median home price surged 65% in San Francisco Bay Area, 62% in Boston, 54% in San Diego, and 49% in Denver between 1995 and 2002 (Quigley and Raphael, 2004). Nearly 50 percent of households residing in U.S. metro areas are costburdened renters or are spending more than 30 percent of their income on housing costs. According to the U.S. Department of Housing and Urban Development, an estimated 12 million renter and homeowner households spend more than 50 percent of their income on housing...
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Authors: Diagne, Adji, F
Institution: Howard University
Department: Economics
Advisor: Deniz Baglan
Degree: Doctor of Philosophy
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Data Collections: IPUMS USA
Topics: Housing and Segregation, Other, Race and Ethnicity
Countries: United States