Center researchers find that adverse life events, such as unemployment, unexpected expenses and medical bills, are the primary reasons that lower-income households decide to file for bankruptcy. UNC Center for Community Capital researchers examine whether adverse life events influence the … Continued
Author: Mark R. Lindblad
Renters in low-wealth urban neighborhoods who became homeowners become more involved in neighborhood organizations prior to homeownership than renters who do not become homeowners and significantly after they buy homes, findings that hold important implications for policies that seek to promote homeownership.
A study by researchers at the UNC Center for Community Capital finds a clear link between homeownership and how low-income families perceive crime in their neighborhoods. Not only does homeownership lead residents to take steps to protect and secure their neighborhoods thereby reducing crime, those perceptions are also important because they affect residents’ mental and physical health as well.
Homeownership gives people access to social capital via increased social ties to others. Researchers discuss the implications of this finding for housing policy and suggest new directions for research on social capital. This research explores whether homeownership leads to increased … Continued