Measuring The Cost Of U S Housing Policy
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A Primer On U S Housing Markets And Housing Policy
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Author : Richard K. Green
language : en
Publisher: The Urban Insitute
Release Date : 2003
A Primer On U S Housing Markets And Housing Policy written by Richard K. Green and has been published by The Urban Insitute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Political Science categories.
The first book that explains the economics of housing policy for a general audience. Planners, government officials, and public policy students will find that the economic perspective is a very powerful and useful way to examine these issues. The authors provide a broad review of the market for housing services in the U.S., including a conceptual framework, an overview of housing demand and supply, methods for measuring prices and quantities, and sources of basic data on markets. They cover housing programs and polices, and offer answers to policy questions that are of current interest. The book has been field-tested in graduate and undergraduate courses in urban and housing economics at the University of Wisconsin, the University of California--Berkeley, The University of Pennsylvania, and others. This book is also sure to be useful to policymakers, advocates, economists, and anyone interested in a clear picture of how housing markets function. Published in cooperation with the American Real Estate and Urban Economics Association (AREUEA).
Measuring The Cost Of U S Housing Policy
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Author : Richard Cóndor
language : en
Publisher:
Release Date : 2019
Measuring The Cost Of U S Housing Policy written by Richard Cóndor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Unlike other developed countries, the U.S. has a high proportion of long-term fixed-rate mortgages (30 years). This is partly because the Government Sponsored Enterprises (GSE), which operate in the secondary mortgage market, reduce the interest rate of these contracts. This document measures the cost and studies the consequences of such policy. GSE's actions are modeled as an interest rate subsidy applied directly to 30-year mortgages, in the context of a general equilibrium model with two types of agents, housing and default. The cost of this policy is measured as the minimum subsidy that makes households choose 30-year fixed-rate contracts over one-year contracts, in equilibrium. The resulting subsidy is 36 basis points. Finally, I investigate how the results vary with the duration of the fixed-rate mortgage contract, and I find that mortgage terms under 30 years require smaller subsidies.
U S Housing Policy Politics And Economics
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Author : Lawrence A. Souza
language : en
Publisher: Routledge
Release Date : 2021-10-03
U S Housing Policy Politics And Economics written by Lawrence A. Souza and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-03 with Political Science categories.
The stirrings of reform or more of the same? U.S. Housing Policy, Politics, and Economics shares a stark and urgent message. With a new president in the White House and the economy emerging from its peak pandemic lows, the time is right for transformative federal housing legislation—but only if Congress can transcend partisan divides. Drawing on nearly a century of legislative and policy data, this briefing for scholars and professionals quantifies the effects of Democratic or Republican control of the executive and legislative branches on housing prices and policies nationwide. It exposes the lasting consequences of Congress’ more than a decade of failure to pass meaningful housing laws and makes clear just how narrow the current window for action is. Equal parts analysis and call to arms, U.S. Housing Policy, Politics, and Economics is essential reading for everyone who cares about affordable, accessible housing.
U S Housing Policy Politics And Economics
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Author : Lawrence A. Souza
language : en
Publisher: Routledge
Release Date : 2021-09-30
U S Housing Policy Politics And Economics written by Lawrence A. Souza and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-30 with Housing policy categories.
The stirrings of reform or more of the same? U.S. Housing Policy, Politics, and Economics shares a stark and urgent message. With a new president in the White House and the economy emerging from its peak pandemic lows, the time is right for transformative federal housing legislation--but only if Congress can transcend partisan divides. Drawing on nearly a century of legislative and policy data, this briefing for scholars and professionals quantifies the effects of Democratic or Republican control of the executive and legislative branches on housing prices and policies nationwide. It exposes the lasting consequences of Congress' more than a decade of failure to pass meaningful housing laws and makes clear just how narrow the current window for action is. Equal parts analysis and call to arms, U.S. Housing Policy, Politics, and Economics is essential reading for everyone who cares about affordable, accessible housing.
Housing Affordability In The United States
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Author : Nandinee K. Kutty
language : en
Publisher:
Release Date : 2015
Housing Affordability In The United States written by Nandinee K. Kutty and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
This paper examines the housing affordability problem in the United States. It uses the widely accepted measure of housing cost burden (the ratio of housing costs and income) as the measure of housing affordability for its analysis. Based on published data of the Joint Center for Housing Studies, it examines annual trends in rents, owner costs of housing, home prices and incomes over the period 1975 to 2001. The changes in the affordability situation over time are analyzed separately for renters and for owners. The paper also presents a picture of housing affordability in selected U.S. metropolitan areas for employees in different occupation groups. The paper concludes that the housing affordability problem for renters has been largely income-driven; on the other hand, for owners, changes in affordability have been related to changes in mortgage costs. A counter-cyclical monetary policy is seen as alleviating owner cost burdens during times of recession. The paper recommends that housing policy aimed at rental housing adopt a counter-cyclical focus, which it currently seems to lack.
Housing Policy In Australia And The United States
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Author : Warwick Temby
language : en
Publisher:
Release Date : 1983
Housing Policy In Australia And The United States written by Warwick Temby and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Government publications categories.
Measurement Of Homeownership Costs In The Consumer Price Index Should Be Changed
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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1981
Measurement Of Homeownership Costs In The Consumer Price Index Should Be Changed written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Consumer price indexes categories.
The Measure Of America
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Author : Sarah Burd-Sharps
language : en
Publisher: Columbia University Press
Release Date : 2008-07-22
The Measure Of America written by Sarah Burd-Sharps and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-22 with Political Science categories.
The Measure of America is the first-ever human development report for a wealthy, developed nation. It introduces the American Human Development Index, which provides a single measure of well-being for all Americans, disaggregated by state and congressional district, as well as by gender, race, and ethnicity. The Index rankings of the 50 states and 436 congressional districts reveal huge disparities in the health, education, and living standards of different groups. Clear, precise, objective, and authoritative, this report will become the basis for all serious discussions concerning the realization of a fair, just, and globally competitive American society.
Resolving The Housing Crisis
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Author : M. Bruce Johnson
language : en
Publisher:
Release Date : 1982
Resolving The Housing Crisis written by M. Bruce Johnson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Political Science categories.
"Across the United States, and particularly in California, the problems of housing costs and availability have never been so acute: home ownership has become virtually inaccessible to the average person; construction costs are high and rising; housing units are in short supply; rental rates have skyrocketed; local public services are in jeopardy with government finances in disarray; and government restrictions increasingly prevent real estate growth. ; Resolving the Housing Crisis is a comprehensive treatment of the increasingly serious problems in housing and construction. Assembling the work of eighteen economists and other scholars, this volume analyzes the underlying contributing factors to the crisis, the responses in land use, housing, and construction policies, and the interaction between the crisis and the legal status of property rights. As a result of this assessment, the authors argue for substantial regulatory housing and land use reforms"--Jacket.
Energy Abstracts For Policy Analysis
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Author :
language : en
Publisher:
Release Date : 1983
Energy Abstracts For Policy Analysis written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Power resources categories.