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Working Papers

Homeownership Symposium - Tax Reform and Sprawl

Thomas Davidoff • September 18, 2013

HBTL-05: This paper discusses links among three familiar developments in US housing markets over the last quarter century: ongoing “sprawl” of housing units away from…
Working Papers

Refinance and the Accumulation of Home Equity Wealth

Frank Nothaft, Yan Chang • February 10, 2004

BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…