The Clinton administration’s recently announced home and community-based care proposals have potentially important implications not only for long-term care policy, but also for housing policy in the United States. This article attempts to draw out some of those implications. The first section examines problems inherent in the current “medical/welfare” system of financing longterm care, which co...

We consider the problem of designing fair, efficient, and interpretable policies for prioritizing heterogeneous homeless youth on a waiting list for scarce housing resources of different types. We focus on point-based policies that use features of the housing resources (e.g., permanent supportive housing, rapid rehousing) and the youth (e.g., age, history of substance use) to maximize the proba...

Central questions raised by recent experience are “why do housing prices fluctuate?” and “what should central banks do about it?” For member states of a currency union, such as Spain or Texas, independent monetary policy cannot be conducted, so that it is important to inquire whether fluctuating housing prices make currency union participation undesirable. In this timely paper, Oriol Aspachs-Br...

During the 2000s, however, housing put itself on the agenda. Increased interest in housing was reflected in academic literature, in media commentary and in government and industry concerns. At the macroeconomic level, the start of the decade brought the chicken and egg problem of rising house prices and increasing housing debt. This raised concerns about the impact of increasing housing debt on...

Federal housing policy has changed dramatically over the last seventy years. Policy has been shaped by economic and political conditions in a given time, as well as findings generated from empirical research. However, over the last three decades, despite economic fluctuations and ideological shifts in national leadership, certain themes dominate federal housing policy. Each of these themes is d...

Chile’s housing policy is widely regarded as a success. For almost a decade, new construction has been above the level required to provide houses for new families and replace obsolete structures. This raises hopes that within the next decade all families in Chile will occupy dwellings that comply with minimum quality and service standards. This is no small accomplishment for a country just ente...