The Cost of Maintaining
Ownership in the Current Crisis
Comparisons in 20 Cities
Dean Baker, Danilo Pelletiere and Hye Jin Rho
April 2008
Center for Economic and Policy Research National Low Income Housing Coalition
1611 Connecticut Avenue, NW, Suite 400 727 15th Street NW, 6th Floor
Washington, D.C. 20009 Washington, D.C. 20005
202-293-5380 202-662-1530
www.cepr.net
www.nlihc.org
Center for Economic and Policy Research, April 2008 1
Contents
Executive Summary...........................................................................................................................................2
The 20 City Comparison...................................................................................................................................3
What About Equity?..........................................................................................................................................6
Implications for Policy ......................................................................................................................................7
Conclusion ..........................................................................................................................................................9
Appendix...........................................................................................................................................................10
About the Authors
Dean Baker is Co-Director and Hye Jin Rho is Domestic Intern at the Center for Economic and
Policy Research, and Danilo Pelletiere is Research Director at the National Low Income Housing
Coalition, both