Fixing the housing crisis
نویسندگان
چکیده
منابع مشابه
Priorities for fixing the financial crisis.
cial and investment banks lent trillions of dollars for housing purchases and consumer loans to borrowers ill equipped to repay. The easy lending pushed up housing prices, which then ratch-eted still higher when speculators bought houses on the expectation of yet further price increases. When the easy lending slowed and then stopped during 2006 and 2007, the housing prices peaked and began to f...
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In both developed and developing countries around the world, the health of significant numbers of people is adversely affected by a lack of adequate housing. Large-scale migrations into already crowded developing nation cities compound existing health problems associated with poor indoor air quality, contaminated drinking water, and limited sanitation infrastructure. In the developed world, lea...
متن کاملThe Role of Housing Finance in Mexico’s Vacancy Crisis
In the wake of the housing market crash in the United States in the late 2000s, images of abandoned homes on the urban periphery of American cities dominated international media coverage. This narrative of peri-urban over-extension was used by media documenting the housing crisis in Mexico, despite the profound differences in context, namely the role of the government in housing finance. This p...
متن کاملImperfect information and the housing finance crisis: A descriptive overview
1051-1377/$ see front matter 2008 Elsevier Inc doi:10.1016/j.jhe.2008.09.003 1 I would like to thank Yan Chang, Ed Golding, Dou Visini for their comments and assistance. For this an American Core Logic’s Loan Performance was used u E-mail address: [email protected] We now know that the subprime market presented consumers with sub-optimal choices that they took, and that it contained many ...
متن کاملE¢ cient Credit Policies in a Housing Debt Crisis
During the nancial crisis and its aftermath, those segments of the economy most exposed to the accumulation of mortgage debt have tended to fare the worst. Whether it is by industry (construction), by geography (sand states), or by household (the most indebted), the presence of greater mortgage debt has led to weaker economic outcomes (see for example, Mian and Su , 2009, and Dynan, 2012). Mor...
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ژورنال
عنوان ژورنال: Policy Quarterly
سال: 2020
ISSN: 2324-1101,2324-1098
DOI: 10.26686/pq.v16i2.6477