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…
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
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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
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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…
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…
Much of the writing that I will undertake in my fellowship year at the Joint Center for Housing Studies will address the Trump administration’s and Congress’s administrative…
W05-6: Homeownership has received great support from policy makers because of its perceived significant financial and social benefits for both individuals and…
Zhu Xiao Di, Yi Yang, Xiaodong Liu
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November 30, 2003
W03-5: Housing is the cornerstone of household wealth, especially for low-income households. With the growth in the U.S. homeownership rate, housing wealth is important…
W03-3: Through a longitudinal survival analysis, this paper provides the first look into the long-term process of nest leaving, which is a pre-condition for natural…