·April 9, 2019
The Federal Government promotes homeownership as a way to achieve the American Dream. One of the justifications for this long-standing policy is the belief that buying a house provides one of the few avenues for low-income families to accumulate wealth. The downturn in the housing market and the rise
·June 27, 2018
The United States experienced a large run-up in house prices in the first half of the 2000’s which was followed by a dramatic fall in the second half of that decade. The fall led to a sharp drop in wealth for American households and had broad implications for the stability of many of the country's financial ...