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The User Cost of Low-Income Homeownership

November 1, 2013

Researchers find that owning a home is less costly than renting a comparable property between 2003 and 2011 for low-income homeowners across the United States who obtained high-quality mortgages through a model home loan program.

Strategic Default Behavior and Attitudes Among Low-Income Homeowners

February 1, 2013

Senior research economist Sarah F. Riley examines data from the center’s long-term study of a model affordable mortgage program and finds most low-income mortgage defaults are not strategic and that low-income homeowners are less likely than others to engage in strategic default.

Land Use Regulations and the Returns to Low-Income Homeownership

December 1, 2012

UNC Center for Community Capital researcher Sarah Riley investigates the relationship between land use regulations and the house prices of urban low-income homeowners in the United States between 1998 and 2010. She finds that the dependence of low-income homeowner wealth on the timing of house purchase and sale is weaker in less-regulated markets.