The Housing Crisis and the Homeownership Incentive Plan

Many new entrants into the housing market cannot afford to purchase any home at all. The proximate causes of the crisis are: 1. high and rapidly rising home prices, 2. high mortgage interest rates, 3. substantial and often prohibitive down payment requirements, and 4. high maintenance and utility co...

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Veröffentlicht in:Journal of the American Real Estate and Urban Economics Association 1977-10, Vol.5 (3), p.366-379
1. Verfasser: Rosen, Kenneth T.
Format: Artikel
Sprache:eng
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