Do First Time Home Buyers in the U.S. Improve Their Neighborhood Quality?
AbstractThis study examines how becoming a home buyer affects the quality of the neighborhood in which lower-income buyers live. Three questions are addressed: Do lower-income buyers buy in higher quality neighborhoods than the ones in which they rented? Are lower-income buyers locating in higher quality neighborhoods than a comparison group of continuing renters? Are the neighborhoods of new buyers improving or deteriorating relative to those of continuing renters?
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Bibliographic InfoPaper provided by HUD USER, Economic Development in its series Economic Development Publications with number 39138.
Length: 43 pages
Date of creation: Mar 2006
Date of revision:
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