Unaffordable housing : cost-burdened housing estimates for South Carolina's minority population

Abstract

Minorities are more likely to reside in cost-burdened housing arrangements. One of the reasons for this is that minority households are more likely to be renters than their white peers. Renters, regardless of race/ethnicity, are significantly more likely than homeowners to reside in cost-burdened housing arrangements. Our research suggests that policies aimed at increasing minority homeownership rates could significantly diminish cost burdens experienced by the minority community in South Carolina.