10.17889/E110609
Wachter, Susan
Calem, Paul
Bricker, Jesse
Acolin, Arthur
Replication data for: Borrowing Constraints and Homeownership
ICPSR Inter-university Consortium for Political and Social Research
2015
10.1257/aer.p20161084
10.1257/aer.p20161084
V0
This paper identifies the impact of borrowing constraints on homeownership in the U.S. in the aftermath of the 2008 financial crisis. While homeownership declines and tightened credit are evident, the role the tightening of credit has had on the probability of individual households to become homeowners has not been previously identified. The homeownership rate in 2010-2013 is estimated to be 2.3 percentage points lower than if the constraints were set at the 2001 level.