H
omeowne
rs
hip i
n C
ris
is:
Wher
e a
r
e W
e N
o
w
?
Da
vi
d A. Bank
S
ust
a
in
able
Home
ow
nersh
ip Conf
ere
nce
June
9
, 2017
2
•
A
c
c
u
m
u
l
at
e w
eal
t
h
•
Reducing
inequality
•
Inve
stments in Communi
ty
•
Civic
Engagement
•
Economic
Growth
Why Homeownership?
3
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
1
9
6
0
1
9
6
4
1
9
6
9
1
9
7
4
1
9
7
9
1
9
8
3
1
9
8
8
1
9
9
3
1
9
9
8
2
0
0
2
2
0
0
7
2
0
1
2
2
0
1
7
RF
I
/G
DP
H
istorical
Av
era
ge
(1
95
9-
20
17
)
R
esid
enti
al Fixed Inv
est Share of
R
ea
l GD
P
Note: Data seasonally adjusted, latest data as of 1Q17
Source: Census
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