Hurdles to Homeownership: Understanding the Barriers
Kenneth T. RosenSustainable Homeownership Conference
June
9
, 2017
2
59%60%61%62%63%64%65%66%67%68%69%70%
1965 1968 1971 1974 1978 1981 1984 1987 1991 1994 1997 2000 2004 2007 2010 2013 2017
U.S. Homeownership Rate
Note: Data not seasonally adjusted, latest data as of 1Q17Source: Census
Peak Historical Average Current69.2%65.3%63.6%
3
•
Tight
Mortgage Credit Conditions
•
Post
-
Foreclosure
Lending
Aversion
•
Student
Debt
Burden
•
Post
-
Foreclosure
Stress
Disorder
•
Affordability
•
Supply Barriers
Hurdles to Homeownership