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"The Home Owners' Loan Corporation purchased more than a million delinquent mortgages from private lenders between 1933 and 1936 and refinanced the loans for the borrowers. Its primary goal was to break the cycle of foreclosure, forced property sales and decreases in home values that was...
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Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to...
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The trend rise of house prices in many OECD countries suggests weakness in the adjustment of supply to demand. This paper estimates long-term elasticities of housing supply to prices in OECD countries before exploring their drivers with a focus on policies. It finds a significant association...
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Die hohen Flüchtlingszahlen und die wachsende Nachfrage nach Wohnungen in den Ballungsräumen haben die Politik veranlaßst, die lange vernachläßsigte öffentliche Wohnraumförderung wieder in den Blick zu nehmen. Um rasch neuen Wohnraum anzubieten, schlagen die Autoren unterschiedliche...
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