Is allowing borrowers to suspend mortgage payments an effective way to stabilize the economy during a recession? In a new working paper, Omeed Maghzian and I attempt to…
This paper estimates the impact of household liquidity provision on macroeconomic stabilization using the 2020 CARES Act mortgage forbearance program. We leverage…
Because housing affordability has proven to be an ongoing challenge in the United States, there is renewed interest in European-style social housing. While the German, Swiss…
This paper is the second part of a study on the Dutch social housing system. The first paper traced the history of the system. Nonprofit housing associations (called…
Social housing makes up 29 percent of the total housing stock in the Netherlands. These social units, which in 2022 rented for an average of €560 per month (or about $600),…
Social housing makes up 29 percent of the total housing stock in the Netherlands. While the definition of “social housing” has changed over the last 120 years, as of 2022 it…
