National Public Radio (NPR) recently ran a
story about how low-income Americans are finding paths to home ownership, despite financial disincentives. As an example of a family that's benefiting from owning their home, NPR highlighted the story of the Rhodeses, a couple living in St. Paul with their three children.
"Our main goal of owning a home is a place that we can really call our own--a place that we feel safe and secure," noted Tamika Rhodes in the story. "Just a place where we can be free."
The news program continued by detailing how the family bought a home with a subprime mortgage just a few years before and lost it to foreclosure. But through intensive credit repair, they were able to buy their home in St. Paul.