Mendenhall, Ruby; Kramer, Karen Z.; Akresh, Ilana R. - In: Housing Policy Debate 24 (2014) 2, pp. 387-414
Asset accumulation is especially challenging for low- and moderate-income households, which often face fixed costs in their budgets that limit their ability to save. Key fixed costs include expenses associated with housing, such as rent, mortgage, taxes, and utilities. In 2011, 64% of households...