Mortgage interest tax deductibility is needed to treat debt and equity financing of homes equally. Countries that limit … the financing response to a legislative change is complicated by the fact that lenders restrict mortgage debt to the value … response by 20 percent (a 32 percent decline in debt vs a 40 percent decline). The estimation is based on 86,000 newly …

: informal, deposit taking, contract and mortgage bank. Various aspects of the market are covered using examples drawn from the …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

through innovations in the mortgage market and financial deregulation. This study looks at the factors driving home equity …