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Working Papers

How Do Foreclosures Exacerbate Housing Downturns?

Adam Guren, Tim McQuade • October 26, 2013

W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
Working Papers

Emerging Cohort Trends in Housing Debt and Home Equity

George Masnick, Zhu Xiao Di, Eric Belsky • January 1, 2005

W05-1: Several roles that housing plays in the household economics of homeowners have begun to fundamentally change during the past decade. Cohorts approaching…
Working Papers

Hitting the Wall: Credit as an Impediment to Homeownership

Raphael Bostic, Paul Calem, Susan Wachter • 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.…