The homeownership gap
Article, Research, Preprint
- Publisher: New York, NY: Federal Reserve Bank of New York
mortgages | R31 | Homeownership | G21 | Home ownership ; Recessions ; Mortgages | Home ownership ; Census ; Economic indicators ; Statistics ; Mortgages | R51
After rising for a decade, the U.S. homeownership rate peaked at 69 percent in the third quarter of 2006. Over the next two and a half years, as home prices fell in many parts of the country and the unemployment rate rose sharply, the homeownership rate declined by 1.7 ...