The system of sector housing investment and finance that has evolved in the United States has long had a powerful influence on the costs, type, and location of housing, given…
There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families…