Similar Search Results

The Housing Cycle in Emerging Middle Eastern Economies and its Macroeconomic Policy Implications

Beidas-Strom, Samya; Lian, Weicheng; Maseeh, Ashwaq - International Monetary Fund (IMF) - 2009

This paper examines housing finance and housing price dynamics in selected emerging Middle Eastern economies over the past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per capita consumer spending volatility this decade; (ii) a...

Persistent link: https://www.econbiz.de/10008561070

The Vulnerability of Minority Homeowners in the Housing Boom and Bust

Bayer, Patrick; Ferreira, Fernando; Ross, Stephen L. - Becker Friedman Institute for Research in Economics, … - 2014

economic shocks and raise serious concerns about homeownership as a mechanism for reducing racial disparities in wealth. …

Persistent link: https://www.econbiz.de/10010760375

The Vulnerability of Minority Homeowners in the Housing Boom and Bust

Bayer, Patrick; Ferreira, Fernando V.; Ross, Stephen - Department of Economics, University of Connecticut - 2014

economic shocks and raise serious concerns about homeownership as a mechanism for reducing racial disparities in wealth. …

Persistent link: https://www.econbiz.de/10010888357

The Impact of Macroeconomic Fluctuations on the Likelihood of African American Female Homeownership

Conrad, Daren; Brown, LaTanya - In: The Review of Black Political Economy 39 (2012) 3, pp. 299-309

Homeownership, a primary component of household wealth, confers benefits not just in terms of the value of home equity … time in the economy and record low interest rates which allowed homeownership to become more available to more people than … macroeconomic fluctuations had on the likelihood of homeownership for African American women compared to their white counterparts …

Persistent link: https://www.econbiz.de/10010845694

The Vulnerability of Minority Homeowners in the Housing Boom and Bust

Bayer, Patrick; Ferreira, Fernando; Ross, Stephen L. - Becker Friedman Institute for Research in Economics, … - 2014

economic shocks and raise serious concerns about homeownership as a mechanism for reducing racial disparities in wealth. …

Persistent link: https://www.econbiz.de/10010908235

What Goes Up Must Come Down? House Price Dynamics in the United States

Klyuev, Vladimir - International Monetary Fund (IMF) - 2008

by the inventory-to-sales ratio and by foreclosure starts in a highly inertial relationship. Taken together, this implies …

Persistent link: https://www.econbiz.de/10005599266

Money for Nothing and Checks for Free; Recent Developments in U.S. Subprime Mortgage Markets

Mills, Paul S.; Kiff, John - International Monetary Fund (IMF) - 2007

After a number of warning signs, the U.S. "subprime mortgage crisis" became a headline issue in February 2007. Notwithstanding the bankruptcy of numerous mortgage companies, historically high delinquencies and foreclosures, and a significant tightening in subprime lending standards, the impact...

Persistent link: https://www.econbiz.de/10005605115

The Role of Affordable Mortgages in Improving Living Standards and Stimulating Growth; A Survey of Selected Mena Countries

Nothaft, Frank E.; Erbas, S. Nuri - International Monetary Fund (IMF) - 2002

This paper argues that making affordable home mortgage loans available to a large cross section of the population will serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing and mortgage markets in selected Middle East and North...

Persistent link: https://www.econbiz.de/10005825998

House Price Developments in Europe; A Comparison

Hilbers, Paul Louis Ceriel; Banerji, Angana; Shi, Haiyan; … - International Monetary Fund (IMF) - 2008

House prices in Europe have shown diverging trends, and this paper seeks to explain these differences by analyzing three groups of countries: the "fast lane", the average performers, and the slow movers. Price movements in the first two groups are found to be driven mostly by income and trends...

Persistent link: https://www.econbiz.de/10005826322

Canadian Residential Mortgage Markets; Boring But Effective?

Kiff, John - International Monetary Fund (IMF) - 2009

Klyuev (2008) concluded that the Canadian market for housing finance is highly advanced and sophisticated, but financing options were somewhat limited, particularly at terms longer than five years. This paper argues that the paucity of longer-term loans is caused by a five-year maturity cap on...

Persistent link: https://www.econbiz.de/10008528667