Authors: Eric Belsky, Chris Herbert, Jennifer Molinsky
The ups and downs in housing markets over the past two decades are without precedent, and the costs —financial, psychological, and social —have been enormous. Yet Americans overwhelmingly still aspire to homeownership, and many still view access to homeownership as an important ingredient for building wealth among historically disadvantaged groups.
Authors: Frederick Abernathy, Kermit Baker, Kent Colton, David Weil
Bigger Isn’t Necessarily Better examines the performance and operation of the US homebuilding sector based on a detailed survey of large home builders conducted by the authors in the period of the great building boom of the 2000s. In contrast to the many books that have focused on the financial side of the housing sector prior to the Great Recession, the book examines the operational side of the industry and what did, and, more importantly, what did not, happen during the period of unprecedented growth.
The recent collapse of the mortgage market revealed fractures in the credit market that have deep roots in the system's structure, conduct, and regulation. The time has come for a clear-eyed assessment of what happened and how the system should be strengthened and restructured. Such reform will have a profound and lasting impact on the capacity of Americans to use credit to build assets and finance consumption.
Americans are awash in debt. Credit undergirds daily life more than ever before—it is one of the defining aspects of life in the United States today. The damage from a depressed housing market is exacerbated by the subprime lender implosion, sending shock waves through the financial sector, international economies, and the presidential campaign. Most low- or moderate-income people borrow, but they are doing it to stay afloat rather than to keep up with the Joneses. How did things go so wrong?
Rental housing is increasingly recognized as a vital housing option in the United States. Yet government policies and programs continue to grapple with widespread problems, including affordability, distressed urban neighborhoods, poor-quality housing stock, concentrated poverty, and exposure to health hazards in the home. These challenges can be costly and difficult to address. The time is ripe for fresh, authoritative analysis of this important yet often overlooked sector.
Authors: Henry Cisneros, Jack Kemp, Kent Colton, Nicolas Retsinas
In Our Communities, Our Homes: Pathways to Housing and Homeownership in America's Cities and States, Henry Cisneros, Jack Kemp, Kent Colton, and Nicolas Retsinas put political views aside to address the impediments to housing and homeownership at the state and local levels. This volume is a compilation of bipartisan recommendations from the authors and success stories from all corners of the country.
Today, more low-income Americans have greater access to credit than ever before, thanks in large part to the growth of global capital markets and liberal use of credit scores. But not all have benefited equally from the opened spigots. Some are overpaying for mortgage credit, others are getting in over their heads, and some have become the victims of predatory lenders.
For sixty years, federal policy has attempted with little success to solve the problems of housing and poverty in America's inner cities. Against all odds, local organizations picked up where Washington has left off. In a series of dramatic and colorful narratives, von Hoffman shows how these groups helped revitalize once desperate neighborhoods in five major cities: New York, Boston, Chicago, Atlanta, and Los Angeles. Based on years of research and more than a hundred interviews, this book is the first systematic account of the dramatic urban revival that took place in the United States.
Authors: Henry Cisneros, Jack Kemp, Nicolas Retsinas, Kent Colton
Debates about housing programs too often become mired in partisan battles instead of addressing innovative ways to solve housing problems as a country. Historically, successful housing programs are only developed with the support of both political parties. Two former U.S. Department of Housing and Urban Development Secretaries-one democrat and one republican-a former CEO of a housing trade association-who is a republican-and a director of a housing research center-who is a democrat-set aside their differences to focus on today's housing challenges.
An analysis of the unprecedented wave of large-scale public investments that occurred in American cities during the 1950s and 1960s, the social upheavals they triggered, and the political impulses that shaped a new generation of urban mega-projects.
A generation ago little attention was focused on low-income homeownership. Today homeownership rates among under-served groups, including low-income households and minorities, have risen to record levels. These groups are no longer at the margin of the housing market; they have benefited from more flexible underwriting standards and greater access to credit. However, there is still a racial/ethnic gap and the homeownership rates of minority and low-income households are still well below the national average.
Assembled in honor of Eduard F. Sekler, Professor Emeritus of the History of Architecture at Harvard University's Graduate School of Design, Form, Modernism, and History is a fitting tribute to a man who as architect, historian, and preservationist has been instrumental in restoring history to a prominent place in contemporary architectural theory and practice.
In Local Attachments Alexander von Hoffman explores the emergence of the modern urban neighborhood in the United States during the late nineteenth and early twentieth centuries by examining Boston's outer-city neighborhood, Jamaica Plain.