Barakova, Irina; Bostic, Raphael; Calem, Paul; Wachter, … - Samuel Zell and Robert Lurie Real Estate Center, …
It has been long recognized that there are a number of barriers that limit access to homeownership for some households, most importantly, downpayment constraints. This paper extends the literature to test for the role of credit quality in limiting access to homeownership. Results show that both...