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We provide another perspective regarding Fannie Mae's and Freddie Mac's impact on the recent financial crisis. We conclude that the crisis and the GSEs being placed into conservancy were primarily caused by the proliferation of below prime mortgages, which led to their sustaining significantly...
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The article summarizes the challenges for cost-burdened renters in the current economy. The Great Recession's effect on affordable housing in America was undeniably pervasive, and the statistical figures of cost-burdened rental households appear bleak when compared against the ongoing losses in...
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Introduction. The Shaky Foundations of the Home Capital Crisis / Stephanie Ben-Ishai -- Governance Challenges in Times of Crisis / Poonam Puri -- HOOPP and Home Capital: Pension Funds as Good Governors and Crisis Managers / Simon Archer -- Securities Regulators and Investor Education / Gail E....
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Soaring real estate prices and valuations despite the economic downturn brought by the pandemic have focussed the attention of Dutch policymakers on potential macro-financial and socio-economic implications. In this context, our paper reviews the salient features of Dutch commercial and...
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