Home ownership a brighter prospect than renting

Guest perspective: Study arguing pitfalls of low-income families owning is 'absurd'

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Editor’s note: The following guest perspective responds to the article, “Home ownership doesn’t add up for everyone,” which summarized a recent study by Dean Baker of the Center for Economic and Policy Research examining the effect of home ownership on low-income families. Baker argues that in some circumstances, low-income families may be better off renting than owning a home.