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Linking Historic Transportation Investments with Housing

Riordan Frost, Yonah Freemark • January 20, 2023

When President Biden first proposed his Build Back Better legislation, it included $300 billion in housing investments. While that legislative package never passed, portions…
Working Papers

Refinance and the Accumulation of Home Equity Wealth

Frank Nothaft, Yan Chang • February 10, 2004

BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…