Asset Building Working Paper

Homeownership and Its Impacts: Implications for Housing Policy for Low-Income Families

Homeownership for low-income families is becoming the housing policy of choice in the 1990s. To what extent is this justified? What should the policy be? This paper concludes that homeownership policy for the poor may have positive effects, but the circumstances of poor households–especially neighborhood conditions and income instability–must be taken into account.



Scanlon, E. (1996). Homeownership and its impacts: Implications for housing policy for low-income families (CSD Working Paper No. 96-02). St. Louis, MO: Washington University, Center for Social Development.