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Variations on an American dream: alternative homeownership models

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  • Erin Graves

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.

Suggested Citation

  • Erin Graves, 2011. "Variations on an American dream: alternative homeownership models," New England Community Developments, Federal Reserve Bank of Boston, pages 8-14.
  • Handle: RePEc:fip:fedbcd:y:2011:p:8-14:n:1
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    File URL: http://www.bostonfed.org/commdev/necd/2011/issue1/alternative-home-ownership-models.pdf
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    Keywords

    Home ownership;

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