Principles of Housing Finance Reform
Susan M. Wachter
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Description for Principles of Housing Finance Reform
Hardcover. Nearly a decade after the housing market's collapse triggered the Great Recession, members of both sides of the political aisle are calling for reform. Principles of Housing Finance Reform lays out a roadmap for reforms for a new housing finance system to achieve liquidity, access, and sustainability. Editor(s): Wachter, Susan M.; Tracy, Joseph. Series: The City in the Twenty-First Century. Num Pages: 288 pages, 23 illus. BIC Classification: JFFB; KFFR. Category: (U) Tertiary Education (US: College). Dimension: 229 x 152 x 23. Weight in Grams: 590.
In the fall of 2008, the world watched in horror as the U.S. housing finance system shattered, triggering a global financial panic and ultimately the Great Recession. Now, nearly a decade later, the long and slow housing recovery has reached a critical moment. Though the housing finance system has stabilized, it remains in the hands of the federal government, leaving taxpayers exposed to the credit risk while private funding remains mostly on the sidelines.
Principles of Housing Finance Reform identifies the changes necessary to modernize the housing finance system, identifying guiding principles that should underlie a rebuilt system. Contributors ... Read more
Product Details
Format
Hardback
Publication date
2016
Publisher
University of Pennsylvania Press United States
Number of pages
288
Condition
New
Series
The City in the Twenty-First Century
Number of Pages
288
Place of Publication
Pennsylvania, United States
ISBN
9780812248623
SKU
V9780812248623
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-12
About Susan M. Wachter
Susan M. Wachter is the Albert Sussman Professor of Real Estate and Professor of Finance, The Wharton School; Professor of City and Regional Planning, School of Design; and Co-Director, Penn Institute for Urban Research, at the University of Pennsylvania. Joseph Tracy is Executive Vice President and Special Adviser to the President of the Federal Reserve Bank of New York.
Reviews for Principles of Housing Finance Reform
"The book is straight on American housing financial system and is highly interesting, if you want to learn about and to analyze the system . . . It is magnificient that the authors present and analyze serious proposals instead of just criticizing, when something has got off the track."
Journal of Housing and the Built Environment
"Discussions of ... Read more
Journal of Housing and the Built Environment
"Discussions of ... Read more