Housing Markets and the Economy: Risk, Regulation, and Policy

Overview


The timing of this volume could not be more opportune. Based on the work of Karl “Chip” Case, who is renowned for his scientific contributions to the economics of housing and public policy, chapters analyze risk in the housing market, the regulation of housing markets by government, and other issues in U.S. housing policy. The book investigates derivative markets; the role that
home equity insurance can play in reducing risk; the role that the regulation of government-sponsored...
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Overview


The timing of this volume could not be more opportune. Based on the work of Karl “Chip” Case, who is renowned for his scientific contributions to the economics of housing and public policy, chapters analyze risk in the housing market, the regulation of housing markets by government, and other issues in U.S. housing policy. The book investigates derivative markets; the role that
home equity insurance can play in reducing risk; the role that the regulation of government-sponsored enterprises has played in extending credit to home purchasers in low-income  neighborhoods; and the growth in the market for subprime mortgages. The impact of local zoning regulations on housing prices and new construction is also considered. This is a must read during a time of restructuring our nation’s system of housing finance.
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Editorial Reviews

From the Publisher
I found the book valuable even on topics I do not often think about, and I recommend it to urban
and housing economists. Geographers and planning academics would profit from some essays. The
topics vary greatly, and most are fairly specialized, but many different readers will find something
of value. Teachers of graduate students and advanced undergraduates will find pieces to challenge
students and stimulate discussion. The authors are to be commended for situating their research in
context and for discussing prior research.
--Journal of Regional Science
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Product Details

  • ISBN-13: 9781558441842
  • Publisher: Lincoln Institute of Land Policy
  • Publication date: 4/28/2009
  • Pages: 432

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