The New York Times ran an opinion piece this past weekend by Professor Robert Shiller that calls for reducing the mortgage interest deduction and other housing benefits. The article points to Switzerland as a good example of a stable high-income … [Read more...]
Ethnic Belief in Homeownership [INFOGRAPHIC]
InfoGraphic Information from a Better Homes And Gardens Real Estate Survey … [Read more...]
Homeowner Equity
Housing equity rose nearly 30%, or nearly $2 trillion, over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to first quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt … [Read more...]
College Education Boosts Potential for Homeownership
As college graduates are thinking about what lies in store for them economically this equation may include whether or not they can achieve the American dream of homeownership. Here we show data that indicates that graduates with a Bachelor’s degree … [Read more...]
Quick Critique of New York Times article “Challenge to Wisdom of Owning Home”
By Lawrence Yun and Ken Fears The New York Times reviewed a new research paper by authors from Dartmouth and the University of Warwick in England that implies a rise in the homeownership rate is bad for the economy because fast rising homeownership … [Read more...]
Will Millennials Drive House Sales in 2013?
The cover story of last month’s Barron’s Magazine discussed the Millennial generation and the impact they will have on the economy including the housing sector. There have been many contrasting views about this age group and their feelings on whether … [Read more...]
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