The city of Houston could better protect and aid the approximately 18,000 people who live in the city’s repeated flood prone areas if it created an integrated home buyout…
Houston, Texas, America’s most diverse and fourth-largest city, is the most flooded city in the United States. Houston’s geography and urban planning make flooding and water…
Lei Ding, Hyojung Lee, Raphael Bostic
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March 4, 2019
This study provides new evidence on the effectiveness of the Community Reinvestment Act (CRA) on small business lending by focusing on a sample of neighborhoods with changed…
Raphael Bostic, Arthur Alcolin
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February 27, 2018
This paper was originally presented at A Shared Future: Fostering Communities of Inclusion in an Era of Inequality, a national symposium hosted by the Harvard Joint…
HBTL-09: Dual mortgage markets are a direct descendent of key policy responses to the Great Depression. Prior to the Depression, nearly all mortgages were five-…
Raphael Bostic, Kathleen Engel, Patricia McCoy, Anthony Pennington-Cross, Susan Wachter
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February 1, 2008
UCC08-9: The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit, has grown tremendously over the past ten years. Between…
Raphael Bostic, Paul Calem, Susan Wachter
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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.…