On the Path to Homeownership: Low-Income Owners and Renters in Rural Communities

Bentzinger, Andrea Lynn; Cook, Christine C.

doi:10.1080/08882746.2012.11430601

Cited by 8 publications

(5 citation statements)

References 11 publications

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“…This entry into homeownership later in the life course is consistent with previous research on low-income homeowners (Bentzinger & Cook, 2012; Herbert & Belsky, 2008). Two bought their CLT homes while in their late sixties, three were in their fifties, and eight participants were in their mid-to late forties.…”

Section: Housing Before Clt Homeownershipsupporting

confidence: 90%

“…Two bought their CLT homes while in their late sixties, three were in their fifties, and eight participants were in their mid-to late forties. This entry into homeownership later in the life course is consistent with previous research on low-income homeowners (Bentzinger & Cook, 2012; Herbert & Belsky, 2008). Three participants had been homeowners earlier in their housing careers.…”

Section: Housing Before Clt Homeownershipsupporting

confidence: 90%

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Community Land Trust Homeowners: Past and Present Housing Experiences

Skobba¹,

Carswell²

2014

Family & Consum Sci Res J

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Recent developments in the United States housing market suggest that shared‐equity homeownership models, such as community land trusts (CLT), can provide a more sustainable path to homeownership for low‐income individuals. This study used a qualitative, biographical approach to examine the experiences of 20 CLT homeowners from CLT organizations in two metropolitan areas in the southeastern United States. CLT homeownership offered a path from successful renter into CLT homeownership for the low‐income participants in the study. The experiences include comments of the participants before and after becoming homeowners. Many of the participants entered homeownership later in life. Participants reported that they were able to make progress following financial setbacks from job loss, divorce, and health problems.

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Section: Housing Before Clt Homeownershipsupporting

confidence: 90%

Section: Housing Before Clt Homeownershipsupporting

confidence: 90%

Community Land Trust Homeowners: Past and Present Housing Experiences

Skobba¹,

Carswell²

2014

Family & Consum Sci Res J

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“…While direct housing costs, such as rent and property values, are lower in rural areas compared to urban areas, indirect housing costs, such as transportation costs, are higher in rural and suburban communities (Brooks 2022; Hamidi, Ewing, and Renne 2016; Moos and Mendez 2015). Rural communities also struggle with a lack of economic development compared to urban areas (Bentzinger and Cook 2012; Green‐Pimentel and Meikle 2014).…”

Section: Rural Neighborhood Disparitiesmentioning

confidence: 99%

Differential Access in Mortgage Credit: The Role of Neighborhood Spatial and Racial Stratification

Loya

2023

Rural Sociology

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Inequality in homeownership is a major component of ethno-racial stratification. Previous studies demonstrate large ethnoracial differences in access and outcomes throughout the home buying process at both the individual and neighborhood levels. An underlying assumption in these studies is that neighborhood ethno-racial disparities in lending are similar across neighborhood spatial types. However, mortgage lending disparities are unclear when examining the neighborhood's racial composition across urban, suburban, and rural communities. This paper draws on annual data from the American Housing Survey and the Home Mortgage Disclosure Act (HMDA) from 2018 and 2019 to assess loan outcome disparities by neighborhood type and racial composition. I show that applicant disparities in loan outcomes vary when factoring the neighborhood's spatial type and racial composition. Borrowers seeking a mortgage in predominantly minority rural communities are more likely to be denied a mortgage than borrowers applying across all other neighborhood type and racial composition. The trends for urban communities are similar to suburban communities across adverse loan outcomes. When comparing the community's racial composition and neighborhood type, the observed lending pattern provides evidence of constrained mortgage access in rural areas, especially among minority rural communities.Homeownership is a major component of financial stability and asset growth for most Americans, especially for minorities. Unequal access to homeownership across ethno-racial groups is a significant contributor to asset inequality (Oliver and Shapiro 2006), as minorities are unable to take advantage of the tax incentives that subsidize homeownership and increase wealth accumulation (Prasad 2012; Quinn 2019). In addition to economic benefits, owning a home is associated with positive neighborhood attributes such as lower crime rates, better public schools, and increased social networks (Charles 2003;Massey 2005;Sharkey and Faber 2014;Yinger 1998). Unequal access to homeownership remains for minorities, despite anti-discrimination laws. The homeownership rate in 2020 was about 74 percent for non-Hispanic whites (hereafter "whites"), 60 percent for Asians, and only 50 percent and 45 percent for Hispanics (hereafter "Latinos") and non-Hispanic blacks (hereafter "blacks") (United States Census Bureau 2021).

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“…Home owners were more likely to be food secure and have fewer depressive symptoms (Bentzinger, 2009;). However, among RFS families, Latinas/os were less likely than other families to own their homes (Bentzinger & Cook, 2012), and few Latina/o home owners received housing, energy, or fuel assistance (Greder et al, 2007;Bentzinger, 2009). These findings help identify discrepancies between desires and realities of home ownership among rural Latinas/os, and the protective role of home ownership against risk factors.…”

Section: Latina/o Families In Rural America: the Inner Systemmentioning

confidence: 99%

Five Personality Types Based on Big Five: A Latent Class Analysis

Yao²,

Didericksen³

et al. 2018

FSR

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ABSTRACT. The face of rural America is rapidly changing as rural communities become home to growing numbers of racial and ethnic minorities, especially Latina/o families. While Latinas/os are important to the vitality and productivity of rural communities, they experience disproportionately higher rates of poverty, food insecurity, and additional challenges such as lack of proficiency in English, documentation status, and discrimination, compared to the general population. This paper presents 20 years of findings on the well-being of Latina/o families in rural America from the multi-state USDA Hatch funded projects, Rural Families Speak (NC 223/NC 1011) and Rural Families Speak about Health (NC 1171). Findings are organized by an adapted Bronfenbrenner's Ecological model that includes inner (e.g., individual, family) and outer layer systems (e.g., access to public assistance and healthcare, culture, social support, working conditions). There is discussion of implications for policies and programs affecting Latina/o families.

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On the Path to Homeownership: Low-Income Owners and Renters in Rural Communities

Cited by 8 publications

References 11 publications

Community Land Trust Homeowners: Past and Present Housing Experiences

Community Land Trust Homeowners: Past and Present Housing Experiences

Differential Access in Mortgage Credit: The Role of Neighborhood Spatial and Racial Stratification

Five Personality Types Based on Big Five: A Latent Class Analysis

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