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…
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…
Each year the Joint Center for Housing Studies appoints a number of senior fellows who have made distinguished contributions to research, policy, or industry and who help…
In the wake of the Great Recession, US monetary policy focused in large measure on purchases of mortgage-backed securities, with the goal of lowering mortgage rates. The…
This paper seeks to refine our understanding of how refinancing a mortgage affects household outcomes. This issue has attracted particular attention in the wake of the Great…
With increasing concern about housing affordability, there has been growing interest in Community Land Trusts (CLTs), place-based non-profits that hold land in perpetuity on…
Community land trusts (CLTs) are place-based nonprofits that hold land in perpetuity on behalf of a community. CLTs can help preserve affordability in hot markets and help…
Homeownership has long been a central pillar of financial security for American families. However, the foreclosure crisis led many families and policymakers to revisit their…
Rising house prices, increased interest rates, stricter underwriting standards, and significant student loans and credit-card debt have made it harder for younger would-be…