Who Owns a Home? Householders and Homeownership

Using data from the Survey of Income and Program Participation (SIPP), Fannie Mae jointly estimates models of headship and homeownership as a function of demographics, income, and wealth. We then re-estimated these models after imputing and randomly selecting the householder among adult members of the household rather than using the survey reference person. Although the directions of estimated effects are mostly consistent, the magnitudes vary by householder designation.

Who Owns a Home? Householders and Homeownership (PDF)