Caplin, Andrew; Carr, James H.; Pollock, Frederick; … - In: Housing Policy Debate 18 (2007) 1, pp. 209-242
<title>Abstract</title> Although the homeownership rate rose from 65 percent in 1995 to 69 percent in 2005, this rise appears difficult to sustain. We argue that the development of new shared‐equity mortgages (SEMs) that blur the lines between debt and equity would propel further advances in homeownership....