G2TT
来源类型Brief
规范类型简报
Rebuilding and Sustaining Homeownership for African Americans
其他题名Southeast Michigan Housing Futures, Brief 3
Carl Hedman; Rolf Pendall
发表日期2018-07-10
出版年2018
语种英语
概述Homeownership provides numerous benefits over renting, including predictable housing costs, secure tenure, and the potential to save money and build wealth. In Michigan, homeownership rates for African Americans have declined dramatically over the last 18 years, from 60 percent in 2000 to 41 percent in 2016. In this brief, the authors recommend strategies to address two pressing and interrelated issues for
摘要

Homeownership provides numerous benefits over renting, including predictable housing costs, secure tenure, and the potential to save money and build wealth. In Michigan, homeownership rates for African Americans have declined dramatically over the last 18 years, from 60 percent in 2000 to 41 percent in 2016. In this brief, the authors recommend strategies to address two pressing and interrelated issues for making homeownership sustainable for the long term: tax foreclosures and land contracts. Both of these issues are challenges regardless of race; but, as the authors illustrate in the brief, they disproportionately affect African Americans. The authors provide a set of policy recommendations to decrease tax foreclosure and reduce losses from land contracts in Michigan.

主题Housing and Housing Finance ; Income and Wealth ; Poverty, Vulnerability, and the Safety Net ; Race and Ethnicity
URLhttps://www.urban.org/research/publication/rebuilding-and-sustaining-homeownership-african-americans
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480248
推荐引用方式
GB/T 7714
Carl Hedman,Rolf Pendall. Rebuilding and Sustaining Homeownership for African Americans. 2018.
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