Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Entire DC Network
Housing Affordability: One-Third Of A Nation Shelter-Poor, Michael E. Stone
Housing Affordability: One-Third Of A Nation Shelter-Poor, Michael E. Stone
Community Studies Faculty Publication Series
The chapter examines the housing affordability problem in the U.S. through the lens of the shelter poverty concept. "Shelter poverty" challenges the conventional view that a household can reasonably afford up to a certain percent of income -- currently thirty percent -- for housing without hardship. It offers instead a sliding scale that takes into account differences in household composition and income in determining how much reasonably can be afforded for housing without compromising non-shelter necessities. Following a discussion of conceptual and methodological issues around housing affordability, the chapter summarizes the contours of housing affordability in the U.S. at the …
Social Ownership, Michael E. Stone
Social Ownership, Michael E. Stone
Community Studies Faculty Publication Series
The chapter begins with an overview of the social dimensions of all housing. This is followed by a definition of the more particular concept of social ownership and explanation of how the housing tenure available to residents of socially owned housing differs from both conventional renting and conventional homeownership. The bulk of the chapter then examines the nature and scope of existing models of social ownership, grouped into two major categories: socially owned rental housing, consisting of public housing, nonprofit rental housing, and mutual housing associations; and nonspeculative homeownership, consisting of limited-equity cooperatives, ownership with community land trusts, and some …
Pernicious Problems Of Housing Finance, Michael E. Stone
Pernicious Problems Of Housing Finance, Michael E. Stone
Community Studies Faculty Publication Series
This article traces the evolution of the housing finance system in the U.S., with particular attention to changes from the 1960s through the early 2000s. The paper shows the trends to increasing risk taking by lenders and households, predicting the collapse of the mortgage system in the mid 2000s.