Hitting the Wall: Credit as an Impediment to Homeownership

The authors find that while homeowner's credit quality improved between 1989 and 2001, renter's credit quality declined significantly. The report further indicates that the decline is more pronounced among the young, those with low income, and ethnic minorities.

Advocates may find this report helpful for its review of research covering the intersection of credit and homeownership. It also indicates that education may be critical to credit quality and homeownership opportunities.