While gentrification raises fears of displacement, it also offers some hope because the growth in higher-income households in previously poor areas can help to shore up city…
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…
Eric Belsky, Karl Case, Susan Smith
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February 1, 2008
UCC08-14: This paper concentrates on the management and mitigation of mortgage risks: the kind of credit risks that face the majority of indebted households. For several…
RR07-3: At a congressional hearing in 1948, representative A.S. Mike Monroney argued that the construction of new, subsidized rental housing improves the surrounding…
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…
Ingrid Gould Ellen, Scott Susin, Amy Ellen Schwartz, Michael Schill
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October 13, 2001
In this paper, we look at the impact of two New York City homeownership programs on surrounding property values. Both of these programs—the Nehemiah Plan and the New Homes…
At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…
