Homeownership Trends of Low-Income Americans Throughout the Current Business Cycle

Authors

David O'Neil, Illinois Wesleyan University

Abstract

This paper will analyze current trends of homeownership amongst low income Americans. The goal of this paper is to see what groups within low-income Americans as a whole have been most affected from 2006 to 2018. This includes analysis of race, educational obtainment, age and poverty status to see each variable’s effect on homeownership. This research also looks into what has caused historic and continued low-homeownership rates amongst different groups such as Black and single households. It also analyzes the lasting affect the 2008 financial crisis has on homeownership trends in America today.

Recommended Citation

O'Neil, David (2021) "Homeownership Trends of Low-Income Americans Throughout the Current Business Cycle," The Park Place Economist: Vol. 28
Available at: https://digitalcommons.iwu.edu/parkplace/vol28/iss1/12