REFinBlog

Editor: David Reiss
Cornell Law School

April 2, 2015

Housing Affordability for Moderate-Income Households

By David Reiss

The Center for Housing Policy’s most recent issue of Housing Landscape gives its Annual Look at The Housing Affordability Challenges of America’s Working Households. The Center finds that Overall, 15.2 percent of all U.S. households (17.6 million households) were severely housing cost … Continue reading

April 1, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Lottery Allocations and Games for Public Rental Apartments, by Zhan Wang, Jinpeng Ma, & Hongwei Zhang, March 1, 2015. Wages, Housing Prices and Commutes, by Tom Mayock, Real Estate Economics, Forthcoming. Financial Literacy, Broker-Borrower Interaction, and Mortgage Default, by James … Continue reading

March 30, 2015

Affordable Housing for which Low-Income Households?

By David Reiss

The National Low Income Housing Coalition’s latest issue of Housing Spotlight provides its annual examination of “the availability of rental housing affordable to” extremely low income “and low income renter households . . ..” (1) It finds that the gap … Continue reading

March 27, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

CFPB releases report of KPMG audit of its operations and budget. In the report, CFPB agrees with KPMG’s findings about control deficiencies and is aiming to fix such deficiencies. FHFA releases report on progress of Fannie/Freddie Conservatorships in advancing access … Continue reading

March 25, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Regional Redistribution Through the U.S. Mortgage Market, by Erik Hurst, Benjamin J. Keys, Amit Seru and Joseph Vavra, NBER Working Paper No. w21007. Will the Bubble Burst Be Revisited, by P.D. Aditya, March 8, 2015. Data & Civil Rights: Housing … Continue reading

March 19, 2015

Tax Expenditure Wars: Wealthy Households v. Poor

By David Reiss

Henry Rose has posted How Federal Tax Expenditures That Support Housing Contribute to Economic Inequality to SSRN. This short article examines “how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households.” (1) Housing … Continue reading

March 18, 2015

Reiss on Foreign Buyers in NYC

By David Reiss

MainStreet.com quoted me in Foreign Buyers Driving Up Rental Prices Impacts New York Residents. The story opens, Emir Bahadir, a native of Turkey, purchased two apartments in Manhattan for the purpose of renting them out. The 24-year-old paid a total of … Continue reading