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Federal Reserve Bank of Minneapolis: Housing Consumption Trends for Low-Income Households Since 1980s
March 08, 2024
MINNEAPOLIS, Minnesota, March 8 -- The Federal Reserve Bank of Minneapolis issued the following working paper on March 7, 2024, by economist Erik Hembre, J. Michael Collins of the University of Wisconsin-Madison and Samuel Wylde of the University of Illinois-Chicago.

Here are excerpts:

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Abstract

This study analyzes patterns of housing consumption and expenditures among low-income households since 1985. For households in the bottom income q . . .

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