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This report compares the ownership and rental costs in 100 major U.S. metropolitan areas. Extending the work from a previous CEPR/NLIHC paper, "The Cost of Maintaining Ownership in the Current Crisis: Comparisons in 20 Cities," this study, while demonstrating the wide diversity in housing...
Persistent link: https://www.econbiz.de/10005784519
It has been two years since the housing bubble began to deflate. In this time, home prices in major metropolitan areas have fallen more than 32.3 percent and the woes in the housing sector have spread to the broader economy. Where is the housing market today? Have we hit bottom? This paper,...
Persistent link: https://www.econbiz.de/10005048512
This report updates CEPR's May 2008 report titled "Ownership, Rental Costs and the Prospects of Building Home Equity: An Analysis of 100 Metropolitan Areas," which compared the ownership and rental costs in 100 major U.S. metropolitan areas and projected the potential for a first-time homebuyer...
Persistent link: https://www.econbiz.de/10005048513
This report compares the ownership and rental costs in 20 major U.S. metropolitan areas. The study finds that in many markets, homeownership costs are in line with rental costs. In these areas, it is practical and desirable to focus on policies that keep homeowners in their homes. The report...
Persistent link: https://www.econbiz.de/10005651426
This report debunks three common myths about housing policies. Myth 1: Subsidized housing is unnecessary. Myth 2: Federal government housing subsidies go disproportionately to low-income renters in urban areas. Myth 3: Homeownership is the best housing option for everyone.
Persistent link: https://www.econbiz.de/10005651435