This policy note is part of a World Bank targeted study on the prospects for development of the financial services industry in Poland. The report discusses the evolution of housing loans, affordability of housing loans, risk management and regulations (particularly the development of mortgage...

In highly developed countries the state of the building industry and real estate trade is a determinant of the condition of the national economy and the population's welfare. Housing investments ,including both the construction of new houses and flats as well as the modernisation of old housing...

Governments throughout the world intervene heavily in housing markets, and most have multiple policies to pursue multiple goals. This chapter deals with two of the largest types of housing policies in the United States, namely, low-income rental assistance and policies to promote homeownership...

This paper considers the role of Federal Home Loan Bank (FHLB) advances in stabilizing their commercial bank members' residential mortgage lending activities. Our theoretical model shows that using mortgage-related membership criteria or requiring mortgage-related collateral does not ensure that...

Most private giving between living generations takes the form of tied transfers, such as help with housing downpayments. We argue that parents provide help with downpayments in order to encourage the production of grandchildren, and that such a subsidization emanates from the demonstration...

Die Überführung der Wohnungswirtschaft in die soziale Marktwirtschaft gehört zu den dringlichen und schwierigen Aufgaben im Gesamtprozeß der Reformen in den neuen Bundesländern. Das Ziel einer möglichst raschen und nachhaltigen Verbesserung der Wohnverhältnisse ist unkontrovers....