April 2, 2015
Housing Affordability for Moderate-Income Households
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 2, 2015 in Rental Housing | Permalink | No Comments
April 1, 2015
Wednesday’s Academic Roundup
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
April 1, 2015 in Rental Housing | Permalink | No Comments
March 30, 2015
Affordable Housing for which Low-Income Households?
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 30, 2015 in Rental Housing | Permalink | No Comments
March 27, 2015
Friday’s Government Reports Roundup
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 27, 2015 in Rental Housing | Permalink | No Comments
March 25, 2015
Wednesday’s Academic Roundup
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 25, 2015 in Rental Housing | Permalink | No Comments
March 19, 2015
Tax Expenditure Wars: Wealthy Households v. Poor
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 19, 2015 in Rental Housing | Permalink | No Comments
March 18, 2015
Reiss on Foreign Buyers in NYC
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
March 18, 2015 in Rental Housing | Permalink | No Comments