The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
W09-2: Real estate owned (REO) housing resulting from the recent foreclosure crisis threatens to destabilize low- and moderate-income neighborhoods across the country.…
Ellen Seidman, Jennifer Tescher
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February 4, 2004
BABC 04-4: The paper argues that five factors have contributed to narrowing the gap between supply and demand: technological advances that lower costs and expand…