Steiner und Wilhelm behandeln in ihrem Beitrag die Frage der Vorteilhaftigkeit der Finanzierungprivat genutzten Wohneigentums, wobei sie ein Festdarlehen einerVersicherungsgesellschaft, das aus der Ablaufleistung einer Kapitallebensversicherung getilgtwird, mit einem Annuitätendarlehen einer...

[...]In this article, we assess the evidence in support of a bubblein U.S. home prices and discuss whether a severe decline inthese prices is likely. We also examine the effects of a steep dropin home prices on the broader national economy. Examining the possible effects of a severe decline in...

[...]In this paper, we look at the relationship between these twoissues to examine how government regulation affects thedynamics of the low-income housing stock. We find that,consistent with theoretical models of housing, restrictions onthe supply of new units lower the supply of affordable...

[...]There are, of course, more traditional sources of privatesectorcapital for these markets. First among them is theCommunity Reinvestment Act. As we heard earlier, and asmany of us know firsthand, the act has had a dramatic effect interms of directing private-sector resources into urban...