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Renting to Owning: An Exploration of the Theory of Planned Behavior in the Homeownership Domain

November 18, 2009

Low- and moderate-income renters who intend to own a home are more likely to purchase a home during the following year than renters who do not intend to own a home. This finding is encouraging because it suggests that strong intentions can help people achieve their goals, even when their goals are difficult to attain and require long-term planning and financial capacity.