Mobility Patterns of Lower Income First-Time Homebuyers in PhiladelphiaAbstractThis article examines the geographic mobility of a set of White and minority, lower income, first-time homebuyers who purchased houses in Philadelphia in 1995. In recent years, governments at the Federal, State, and local levels, as well as the housing finance industry, have offered an array of programs to facilitate lower income homeownership. Data on mobility patterns are critical to assessing the benefits that households ultimately derive from these programs and also have implications for the neighborhoods and jurisdictions in which these households live. However, lower income buyers have received little attention in the housing literature, and more research on this topic should be of keen interest to policymakers.Mobility Patterns of Lower Income First-Time Homebuyers in Philadelphia (*.pdf)
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