Homeownership
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The Impact of Gentrification on Homeowners
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When wealthy new residents move into lower-income neighborhoods, they often renovate homes and open upscale businesses. This drives up property values, property taxes, and rent. This chain of events may force current lower-income residents to move out. Gentrification is a major issue nationwide, and cities are searching for the “magic”…
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How Does Consumption Spending Respond to Housing Prices?
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New research explores the complex relationship between housing prices and consumer spending. The magnitude of this relationship can vary considerably over time and across households.
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Movers and Stayers – Residential Mobility as a Measure of Family Well-Being
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Political scientist Robin Phinney explores why some low-income families decide to move while others do not.
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Was White Flight Good for African Americans?
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White flight to the suburbs was a leading cause of rising black homeownership in the mid-20th century, according to new research.
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