The economic pain we are experiencing in the wake of the pandemic calls for unprecedented government action to contain the fallout from a policy-induced economic coma. It…
In her closing remarks at the recent Foundations for the Future of Housing Conference, Julia Stasch, past president of the MacArthur Foundation, astutely observed that years…
Even though Fannie Mae and Freddie Mac returned to very-low down payment lending following the financial crisis, saving for a down payment remains one of the biggest barriers…
Michael Stegman, Richard Cooperstein
•
October 9, 2019
Over the years, with the approval of their regulator/conservator, the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) put in place an opaque…
Michael Stegman, Richard Cooperstein
•
October 9, 2019
With the passing of the eleventh anniversary of GSE conservatorship and the release of the administration’s long-awaited housing finance reform plans, longstanding…
Housing affordability is an issue that affects households across the US, yet varies by metropolitan region. Our 2019 State of the Nation’s Housing report includes an…
Like cicada swarms, presidential commissions and federal initiatives to eliminate local barriers to housing development have a certain temporal cadence. By my accounting,…
Evidence is accumulating that the multiple layers of exclusionary zoning and land use controls are a powerful contributor not just to higher housing costs, but also to…
Although homeownership rates rose for all racial and ethnic groups in 2016-2018, rates for black owners rose at a slower pace than for other groups. Consequently, the…