The perception of falling prices of single-family homes and record levels of unemployment raise the specter of rising levels of mortgage defaults. Mortgage defaults in the wake of the economic and financial collapse in the Fall of 2008 contributed to the tepid economic recovery from that crisis, as well
...Concerns over whether children will be able to live in their parents' hometowns or whether renters are being displaced by gentrification are prevalent in large coastal cities. Zoning restrictions, such as minimum lot sizes, tend to be set at the city and town level.
...Those who bought homes in the 1980s and 90s experienced significant gains in wealth. But for families who purchased a home in the years before the 2008 recession, especially those with low income, homeownership did not contribute to wealth accumulation. Jeffrey
...
The Federal Government promotes homeownership as a way to achieve the American Dream. One of the justifications for this long-standing policy is the belief that buying a house provides one of the few avenues for low-income families to accumulate wealth. The downturn in the housing market and the rise
...