The Role of Interest Rates in Influencing Long-Run Homeownership Rates

@inproceedings{Painter2001TheRO,
  title={The Role of Interest Rates in Influencing Long-Run Homeownership Rates},
  author={G. C. Painter},
  year={2001}
}
As a stated policy objective, the U.S. Department of Housing and Urban Development seeks to boost the national homeownership rate to 70 percent by 2006. To accomplish this goal, they estimate that 3.8 million additional families be added to the ranks of U.S. homeowners. Furthermore, HUD estimates that the homeownership gap between minority and nonminority… CONTINUE READING