Social capital and homeownership in low- to moderate-income neighborhoods

This study examined the relationship between homeownership and social capital among low- and moderate-income (LMI) households. Using data from the Community Advantage Panel Study, the authors used propensity score weighting and regression analyses to explore the relationship between LMI homeownership, neighborhood conditions, and social capital. After controlling for several important individual- and neighborhood-level characteristics, the authors found that homeownership is related to greater access to social resources in general but not to social resources within the neighborhood. Instead, resource generation within the neighborhood is largely predicted by neighborhood stability and perceived neighborhood size. Policy implications are discussed.