Furthermore, to ensure that the affordable units are not resold for profit, deed restrictions generally fix a long-term resale price ceiling, eliminating a potential benefit of home ownership.
Even the more established Generation Xers, the age cohort following the boomers who range in age from 35 into the 40s, have been rethinking home ownership.
As white households left for the suburbs, housing prices in transition neighborhoods fell, which often lowered the cost of home ownership for black households.
There are huge differences in levels of educational attainment, home ownership, private sector employment and virtually every other economic indicator.
Countries that tax imputed income on home ownership may allow the deduction under the theory that it is no longer a personal loan, but a loan for income-producing purposes.
The age-old NIMBY (not-in-my-background) argument has halted new housing for decades, pushing home ownership out of reach for millions of young, working-class families.