Housing policy under the Clinton and Bush Administrations has sought to boost homeownership while also narrowing racial … gaps in owner-occupancy rates. Against that backdrop, homeownership rose sharply in the 1990s, but white-minority gaps … Finances. Results indicate that household characteristics explain most of the increase in homeownership and roughly two …

.S. homeownership rates while also narrowing enormous and longstanding racial gaps in homeownership. Against this backdrop, the U ….S. homeownership rate rose to historic highs in the 1990s, reaching 67.3 percent in 2001, but substantial racial gaps persist. This … household socioeconomic characteristics explain nearly all of the gain in homeownership in the 1990s. These factors also explain …