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…
W08-5: A principal finding from the Revisiting Rental Housing Symposium convened by the Joint Center for Housing Studies in November 2006 is that a great deal has been…
Harvard Joint Center for Housing Studies
•
June 23, 2008
Housing markets contracted for a second straight year in 2007. The national median single-family home price fell in nominal terms for the first time in 40 years of…
W08-3: This paper inventories strategies for maintaining affordable housing toward perpetuity in hot markets in an increasing number of locales. Long-term affordable…
UCC08-15: We find that the foreclosure process varies widely across states and that the costs associated with foreclosure rise significantly with the length of the…
Patricia McCoy, Elizabeth Renuart
•
February 1, 2008
UCC08-5: In this chapter, we provide a critical analysis of the legal landscape of residential mortgage lending and explain how federal law abdicated regulation of the…
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…
Harvard Joint Center for Housing Studies
•
June 11, 2007
After setting records for home sales, single-family starts, and house price appreciation in 2005, housing markets abruptly reversed last year. In 2006, total home sales fell…
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…
RR07-12: The strengths and weaknesses of nonprofit organizations in developing and owning subsidized rental housing are examined. In the course of this study, a number…