Fernandez, Luisa (contributor); Kaboub, Fadhel (contributor) - 2008
. Finally, the paper argues that a true democratization of homeownership is only possible through job creation and … mortgage crisis and for introducing adequate reforms to restore economic stability. We argue that the subprime crisis has … so-called democratization of homeownershipʺ rapidly turned into record-high delinquencies and foreclosures. The sudden …