Housing Policy and the Social Benefits of Homeownership

Inflation in the Housing Market : the Housing Affordability Experience of the 1970 ' S by Kermit

The sustained increase in house prices, mortgage interest rates, and other costs of owning a home during the 1970's put housing affordability into the forefront of public policy concerns. But while inflation was driving up homeownership costs, people's willingness to purchase bigger and better homes seemed stronger than ever. This dissertation is an indepth look at the housing cost issue over t...

The Benefits of the Home Mortgage Interest Deduction

The home mortgage interest deduction creates incentives to buy more housing and to become a homeowner, and the case for the deduction rests on social benefits from housing consumption and homeownership. There is little evidence suggesting large externalities from the level of housing consumption, but there appear to be externalities from homeownership. Externalities from living around homeowner...

Homeownership, Social Insurance, and Old-Age Security in the United States and Europe

Relatively few Americans have accumulated substantial savings outside of their employer-sponsored retirement plans, yet most own their homes. The traditional view of the retirement income system as a three-legged stool supported by Social Security, private pensions, and savings may be better viewed as being supported by Social Security, pensions, and homeownership. Country-specific economic, so...

Social Benefits of Homeownership and Stable Housing

Making sense of housing disparities research: a review of health and economic inequities.

Despite the recent recession and accompanying housing crisis, important gains have occurred in U.S. homeownership over the past several decades; however, wide inequalities among minority and immigrant populations remain. Understanding the role of several under-studied factors on housing outcomes, including health status and disability, and differences in financial capital, such as savings, inve...