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Providing decent, safe, and affordable housing to low- and moderate-income families has been an important public policy goal for more than a century. In recent years there has been a clear shift of emphasis among policymakers from a focus on providing affordable rental units to providing affordable homeownership opportunities. Due in part to programs introduced by the Clinton and Bush administrations, the nation's homeownership rate is currently at an all-time high.

Does a house become a home only when it comes with a deed attached? Is participation in the real-estate market a...

Over the past three decades, the economy of North Carolina's Research Triangle defined by the cities of Raleigh, Durham, and Chapel Hill has been transformed from one dependent on agriculture and textiles to one driven by knowledge-based jobs in technology, telecommunications, and pharmaceuticals. Now home to roughly 1.7 million people, the Research Triangle has attracted an influx of new residents from across the country and around the world while continuing to win praise for its high quality of life. At the region's center is the 7,000-acre Research Triangle Park, one of the nation's...

Providing decent, safe, and affordable housing to low- and moderate-income families has been an important public policy goal for more than a century. In recent years there has been a clear shift of emphasis among policymakers from a focus on providing affordable rental units to providing affordable homeownership opportunities. Due in part to programs introduced by the Clinton and Bush administrations, the nation's homeownership rate is currently at an all-time high.

Does a house become a home only when it comes with a deed attached? Is participation in the real-estate market a...