People

Jason Gold

Jason Gold is the director of the Progressive Policy Institute’s “Rebuilding Middle Class Wealth Project” and senior fellow for financial services policy.

Writings

Op-eds and Articles

By / 8.28.2013

Last week, I argued against Congressional proposals to “get government out of housing” by killing government backed mortgage firms Fannie Mae and Freddie Mac. Now comes fresh evidence that buttresses my view that the private sector just isn’t ready to take up the slack if the two mortgage giants are eliminated. This week, Redwood Trust, one of […]

Op-eds and Articles

By / 8.21.2013

It appears that Washington is finally getting around to grappling with the largest unresolved question left over from America’s housing meltdown: What’s to become of the government-backed mortgage giants, Fannie Mae and Freddie Mac? Their fate has been in limbo since the federal government bailed them out and put them in conservatorship in 2008. Now, […]

Blog

By / 8.9.2013

On Thursday, Zillow released its quarterly Home Price Expectations Survey showing forecasters expect the website’s Home Value Index to end 2013 with prices up 6.7%. The numbers surveyed from 106 real estate experts across the country (I am a panel member), showed a significant jump from the 5.4% reported by the survey last quarter. While […]

Op-eds and Articles

By / 8.5.2013

As the housing sector continues its apparent recovery, some U.S. lawmakers are turning their attention to a looming crisis in the commercial real estate market, which is threatened by an avalanche of debt as loans made during the heady days of the early aughts start coming due over the next five years. Reps. Kevin Brady, […]

Op-eds and Articles

By / 7.23.2013

Following a half-century of economic decay and depopulation, there was a tragic inevitability to Detroit’s decision last week to declare bankruptcy. Motown must now restructure $18 billion in debt owed to 100,000 creditors and bondholders, deciding who gets paid, how much and when. That’s the plan to deal with Detroit’s past. But what about a […]

Op-eds and Articles

By / 7.17.2013

It is looking more likely that the comprehensive immigration bill the Senate passed last month will end up stalling in the GOP-controlled House. Although Republican partisans probably don’t realize it, killing immigration reform could do serious collateral damage to the housing recovery. Most economists believe that bringing 11 million undocumented immigrants out of the shadows […]

Op-eds and Articles

By / 7.10.2013

Last week, New York Attorney General Eric Schneiderman started looking into the controversial new practice of issuing workers debit cards in lieu of paychecks. The practice first came to light last month when an employee of a McDonald’s franchise in Pennsylvania sued over being forced to accept pay in the form of debit cards. Soon […]