Variations on an American dream: alternative homeownership models
Abstract: With homeownership central to the national economy and U.S. housing policy, the drop in homeownership rates could have long-term negative consequences. A growing body of research argues that alternative homeownership products, such as limited equity cooperatives and lease-to-own models, can offer participants many of the benefits of ownership while reducing some risks. However, these models are not widely implemented or understood. This article asks experts in the housing field about the prospects of greater adoption of these models.
Keywords: Home ownership;
File(s): File format is application/pdf http://www.bostonfed.org/commdev/necd/2011/issue1/alternative-home-ownership-models.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: New England Community Developments
Publication Date: 2011
Pages: 8-14Order Number: 1