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This section explores how housing relates to poverty by looking at homeownership and the size of housing expenses. Homeownership can be a partial measure of asset building, which leads to financial stability and lower risk of future poverty (1). On the other hand, high housing expenses can lead to financial instability and increases the risk of poverty in the future (2-3).
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Housing Burden


Literature References

  1. Cramer, R. & Shanks, T. (2014). The assets perspective: The rise of asset building and its impact on social policy. New York, NY: Palgrave Macmillan.
  2. Desmond, M. (2015). Unaffordable America: Poverty, housing, and eviction. Retrieved from: https://www.irp.wisc.edu/publications/fastfocus/pdfs/FF22-2015.pdf 
  3. Desmond, M. (2015). Forced relocation and residential instability among urban renters. Social Science Review, June 2015, 227-262.