Center for Housing Policy Publications - Locked Out -... -
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Published on: 3/1/2006
Last Visited: 6/23/2009
Kathryn P. Nelson, Ph.D.
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However, as earlier observed for 1999 (Nelson 2002), the ownership rate of 68.6% among all families with children in 2003 remained significantly below its 1978 high of 70.5%.
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Rates of homeownership among low-income families with children have been found to be lower in high-cost markets (Nelson 2002; CHP 2004).7 To compare the experience of working families with children to that of the working childless nonelderly in comparably expensive markets, Table 7A and Table 7B examine ownership in markets differentiated by cost burdens for households in two income ranges: the "working" income range and "upper" incomes above 120% of area median.
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These results confirm and update earlier evidence that low-income families with children have worse housing problems and more need for assistance in moving into homeownership than their childless counterparts (Nelson and Khadduri 1992).
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As I have discussed in more detail elsewhere (Nelson 2002, 455ff), they suggest that HOME is the current program best targeted to aid low-income families with children become homeowners.
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6 Studies generally show rising cost burdens among owners over this time period (cf Nelson 2002).
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Nelson, Kathryn P. 2002.
Housing Needs and Effective Policies in High-Tech Metropolitan Economies.
Housing Policy Debate 13(2): 417-68.
Nelson, Kathryn P., and Jill Khadduri.