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Working Papers

The Rent Eats First: Rental Housing Unaffordability in the US

Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen • January 13, 2021

Even before the COVID-19 pandemic, renters in the United States were facing a housing affordability crisis. Nearly a quarter of renter households were spending more than half…
Working Papers

Hitting the Wall: Credit as an Impediment to Homeownership

Raphael Bostic, Paul Calem, Susan Wachter • February 5, 2004

BABC 04-5: There is a broad consensus regarding the benefits of homeownership, which include wealth accumulation and improvements along social and personal dimensions.…