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Entries tagged housing

September 20, 2012 1:06 PM Is Encouraging Homeownership Misguided?

Cory Booker spoke at lunch at this year's Assets Learning Conference, the Corporation for Enterprise Development's biannual conference on policies to help families save money. He told the audience of researchers, government officials, and consumer advocates that they are "soldiers"...

By Max Ehrenfreund

September 20, 2012 11:34 AM Net Worth Distribution: Where Did the Money Go?

Ray Boshara, a senior adviser at the Federal Reserve Bank of St. Louis, just showed this alarming slide to a group at the Corporation for Enterprise Development (CFED) http://www.washingtonmonthly.com/ten-miles-square/2012/09/i_had_to_be_cynical040004.php" target="_blank">Assets Learning Conference here in Washington, where a big group of...

By Max Ehrenfreund

July 11, 2012 11:30 AM Using Eminent Domain for Underwater Mortgages Is a Bad Idea

The idea of using eminent domain to help homeowners who own property worth less than the value of their mortgages, has become more and more popular in the past couple of weeks. Eminent domain allows the government to seize an...

By Danny Vinik

May 02, 2012 8:11 AM Affluence and Effluence

Most days this April, I sloshed through puddles on the streets of London, trying to avoid being splashed by the buses with the big signs chastising me to save water, because “we are in a drought.” Having lived in California,...

By Keith Humphreys

November 28, 2011 11:10 AM Owner-Occupied Rental Housing

In the northeastern cities best known to me (Boston and New York), small multi-family buildings whose owners live in one of the units are a common housing form. The classic types are, respectively the triple-decker and the brownstone row house....

By Michael O'Hare