The homeownership rate is broadly regarded by policymakers as a core measure of how well the US socioeconomic system is delivering a good quality of life for the typical…
The homeownership rate, among the thousands of statistics that the government produces to describe the country’s economic and social health, has an exalted place among…
W13-1: With house prices falling nationally by more than 30 percent from 2006 to 2011 and foreclosures soaring, many have started to write the obituary on homeownership…
The boom and bust in nonprime and nontraditional mortgage lending in the United States is without precedent. The factors that fueled the boom and the way it unfolded sowed…
UCC08-1: Americans are no stranger to debt. In 2004, 76.4 percent of all households reported some form of borrowing. Fully 46.2 percent of all households had at least…
Eric Belsky, Zhu Xiao Di, Daniel McCue
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October 1, 2006
W06-5: This paper examines the determinants of the ownership of multiple homes and the influence of multiple-homeownership on the income elasticity of housing demand. It…
Eric Belsky, Nicolas Retsinas, Mark Duda
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September 9, 2005
W05-9: Efforts to promote low-income homeownership have intensified over the past ten years. Under both regulatory and market pressures, the mortgage finance industry…
J. Michael Collins, Eric Belsky, Karl Case
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February 8, 2004
BABC 04-8: This paper explores the shift of residential mortgage lending from a system where credit was rationed to prime quality borrowers to a system where subprime…
Despite an unprecedented boom in homeownership that added seven million net new owners between 1994 and 1999 and drove the homeownership rate nearly three percentage points…