Publications / Housing

Publications

Policy Brief

By and / 1.19.2012

As the 2012 election approaches, the nation’s unemployment rate will continue to drive the political debate and, in turn, the fortunes of President Obama and his GOP rivals. Despite the central focus on unemployment, however, another number deserves equal attention as a barometer of the nation’s overall economic health: housing values. As catastrophic as it […]

Policy Brief

By and / 10.21.2011

In the immediate aftermath of the financial crisis in 2008, housing was at the top of policymakers’ priorities. Congress saw a flurry of proposals to deal with the mounting wave of defaults and foreclosures, and the collapse of Fannie and Freddie led first to intensive federal intervention and then to one round of full-fledged debate […]

Policy Brief

By and / 10.19.2011

Two years after the meltdown in the nation’s housing market, housing re- mains weak. Home prices fell to a new low in the first quarter of this year— confirming a feared “double-dip” in the market. Prices are now down nearly 33 percent from their high five years ago. With housing and its related industries—construction, home […]

Policy Brief

By and / 9.13.2011

For weeks, August 2—the date on which the U.S. Treasury might have defaulted on its debts—was the deadline that drove policymakers toward a deal on raising the debt ceiling and lowering the nation’s spiraling debt and deficits. Another pending deadline—October 1—has won far less attention. But it too could have far-reaching impacts on the U.S. […]

Policy Report

By / 3.1.2011

The U.S. housing market continues to stumble. The median home price is now at its lowest level since April 2002 and the percentage of Americans who believe that homeownership is a safe investment continues to decline. Meanwhile, policy is largely at a standstill. Treasury Secretary Tim Geithner continues to urge a go-slow approach on the […]

Policy Memo

By / 3.1.2011

Read the Policy Memo While easy monetary policy and a large fiscal stimulus have limited the economic downturn and helped generate modest growth, few believe the economy can grow fast enough to reduce unemployment without the recovery of the housing sector. Yet, no such recovery is in sight. As of late December 2010, the headline […]