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homeownership attainment, using data from 1984 to 2007 and exploiting variation in the subsidy arising from changes in the MID … on homeownership. We find that the MID boosts homeownership attainment only of higher income households in less tightly … homeownership and improve social welfare …
Persistent link: https://www.econbiz.de/10013061279
Persistent link: https://www.econbiz.de/10009546277
encourage homeownership? Does the home mortgage interest deduction encourage homeownership for all Americans? Is the cost of the …
Persistent link: https://www.econbiz.de/10014137002
This paper presents a novel analysis of the differential incidence and effect of Federal income tax policy on owner-occupied and rental housing in the U.S. The objective is to examine whether, and how, rental housing is penalized relative to owner-occupied housing, and if so to estimate the...
Persistent link: https://www.econbiz.de/10013025456
homeownership would free up public resources and reduce the bias towards homeownership. Other challenges to the efficiency of the …
Persistent link: https://www.econbiz.de/10011399317
We present a modified open monocentric city model that assumes that land is available for conversion into new housing throughout the city. The model predicts that positive local income shocks (i) increase the cityś share of multi-family housing in new construction and (ii) lead to the...
Persistent link: https://www.econbiz.de/10010399679
This paper analyzes the effects of German homeownership subsidies on the intra-city rent structure. Using a large …' CBDs. Using triple differences (TD) frameworks, I then estimate the introduction of the homeownership subsidies' effects on … rent for the cities that received varying subsidy rates. The empirical results indicate that subsidies to homeownership …
Persistent link: https://www.econbiz.de/10012595319
In 2014, the volume of housing mortgage lending (HML) in the Russian Federation continued to grow despite the development of crisis phenomena in the Russian economy. The volume of housing mortgage credits (HMC) allotted in 2014 (Rb 1.762 trillion) was 30.18% above the same index for 2013, while...
Persistent link: https://www.econbiz.de/10013025209
In Q2 2013, the monthly weighted average interest rate on ruble-denominated housing mortgage loans was no longer on the rise, after a more than year-long period of growth: the interest rate for June was 12.6% against its record high of 12.9% in March 2013. The volume of housing mortgage lending...
Persistent link: https://www.econbiz.de/10013074779
In Q2 2015, housing mortgage loans (HML) totaling to Rb 242.53bn were originated which was 44.23% lower than the same index for Q2 2014. The volume of residual debt on HML as of 1 July 2015 constituted Rb 3.608 trillion. The share the ruble stale debt on HML in the residual debt came to 0.98% as...
Persistent link: https://www.econbiz.de/10013014806