This paper shows how different housing submarkets are linked by residential vacancy chains – the series of moves across housing units initiated by the construction of new…
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…
Robert Avery, Paul Calem, Glenn Canner
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February 11, 2004
BABC 04-11: Concerns about the accuracy, timeliness, and completeness of information gathered by credit reporting agencies have grown as credit evaluation and decisions…
Raphael Bostic, Paul Calem, Susan Wachter
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February 5, 2004
BABC 04-5: There is a broad consensus regarding the benefits of homeownership, which include wealth accumulation and improvements along social and personal dimensions.…