In Defense of Housing - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook In Defense of Housing write by Peter Marcuse. This book was released on 2024-08-27. In Defense of Housing available in PDF, EPUB and Kindle. In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.
The Great American Housing Bubble
The Great American Housing Bubble - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Great American Housing Bubble write by Adam J. Levitin. This book was released on 2020-06-09. The Great American Housing Bubble available in PDF, EPUB and Kindle. The definitive account of the housing bubble that caused the Great Recession—and earned Wall Street fantastic profits. The American housing bubble of the 2000s caused the worst global financial crisis since the Great Depression. In this definitive account, Adam Levitin and Susan Wachter pinpoint its source: the shift in mortgage financing from securitization by Fannie Mae and Freddie Mac to “private-label securitization” by Wall Street banks. This change set off a race to the bottom in mortgage underwriting standards, as banks competed in laxity to gain market share. The Great American Housing Bubble tells the story of the transformation of mortgage lending from a dysfunctional, local affair, featuring short-term, interest-only “bullet” loans, to a robust, national market based around the thirty-year fixed-rate mortgage, a uniquely American innovation that served as the foundation for the middle class. Levitin and Wachter show how Fannie and Freddie’s market power kept risk in check until 2003, when mortgage financing shifted sharply to private-label securitization, as lenders looked for a way to sustain lending volume following an unprecedented refinancing wave. Private-label securitization brought a return of bullet loans, which had lower initial payments—enabling borrowers to borrow more—but much greater back-loaded risks. These loans produced a vast oversupply of underpriced mortgage finance that drove up home prices unsustainably. When the bubble burst, it set off a destructive downward spiral of home prices and foreclosures. Levitin and Wachter propose a rebuild of the housing finance system that ensures the widespread availability of the thirty-year fixed-rate mortgage, while preventing underwriting competition and shifting risk away from the public to private investors.
Homelessness Is a Housing Problem
Homelessness Is a Housing Problem - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Homelessness Is a Housing Problem write by Gregg Colburn. This book was released on 2022-03-15. Homelessness Is a Housing Problem available in PDF, EPUB and Kindle. Baseline -- Evidence -- Individual -- Landscape -- Market -- Typology -- Response.
Behind the Housing Crash
Behind the Housing Crash - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Behind the Housing Crash write by Aaron Clarey. This book was released on 2008. Behind the Housing Crash available in PDF, EPUB and Kindle. Corrupt bankers, FBI investigations, IRS raids, offshore bank accounts and more as an insider exposes those responsible for the housing crisis and explains what's in store for the rest of us.
The Housing Boom and Bust
The Housing Boom and Bust - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Housing Boom and Bust write by Thomas Sowell. This book was released on 2009-05-12. The Housing Boom and Bust available in PDF, EPUB and Kindle. Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
