Full Citation

Title: U.S. Homeownership Rates Fall Among Young Adults, African Americans

Citation Type: Newspaper Article

Publication Year: 2020

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Abstract: The benefits of owning a home in the United States are well documented. Homes can create wealth for their owners that in turn can benefit families for generations. Homeownership can also reduce economic risk by protecting families from rising rent prices. Owning a home has also been associated with better psychological health and greater stability for homeowners’ children. [1] Decennial census data can be used to monitor trends in homeownership and differences across geographic areas. The 2017 American Community Survey data provide a preview of patterns in the 2020 decennial housing data

Url: https://www.prb.org/u-s-homeownership-rates-fall-among-young-adults-african-americans/

User Submitted?: No

Authors: Lee, Amanda; Kilduff, Lillian; Mather, Mark

Publication Name: PRB

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Publication Date: Feb 13, 2020

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Data Collections: IPUMS USA

Topics: Housing and Segregation, Methodology and Data Collection, Poverty and Welfare, Race and Ethnicity

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