The Crapo-Johnson Housing Finance Bill Is a Disaster
Less than a decade after we saw a meltdown in the mortgage market that almost sank our financial system, Congress seems intent on creating a system of mortgage finance where […]
The Bipartisan Policy Center Endorses a Bi-Partisan Failure
[Ed: The Bipartisan Policy Center's Housing Commission released its report, Housing America's Future, on housing policy yesterday. Its recommendations include winding down Fannie Mae and Freddie Mac, and limiting federal government […]
The First-Time Homebuyers Tax Credit Helped Sink the FHA
The NYT had an article on a new study by Edward Pinto at the American Enterprise Institute which found that a high percentage of the loans the FHA insured in […]
Homeownership Is Not Necessarily a Great Investment
The pushers of homeownership often try to convince people that they cannot lose by owning a home. They often use lines like “you can always live in your home.” This […]
Homeownership: Dream or Nightmare?
Politicians have told us for decades that homeownership is the American Dream. They do this because they get lots of contributions from interest groups that have a stake in pushing […]
Right to Rent: The Best Response to the Housing Crash
Homeownership can often be a way for families to get good stable housing as well as an effective vehicle for them to accumulate wealth. However, owning a home is not likely to be a wise investment for families in unstable work or family situations.