Home Sweet Home: Government's Role in Reaching the American Dream
This paper investigates the role of government intervention in achieving the American dream of homeownership. The study analyzes the role of tax deductions in housing finance, including their impact on homeownership and housing consumption. The role of the Government Sponsored Enterprises in facilit...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/191 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper investigates the role of government intervention in achieving the American dream of homeownership. The study analyzes the role of tax deductions in housing finance, including their impact on homeownership and housing consumption. The role of the Government Sponsored Enterprises in facilitating the creation of a secondary market for mortgage-backed securities is also analyzed as well as the role of the Federal Housing Administration. Cross-country comparisons of how housing is financed in other industrial countries is also provided, emphasizing how other countries have been able to achieve comparable homeownership rates as the United States in a less complicated and fiscally cheaper system. Country experiences of successfully phasing out government intervention are also analyzed |
Beschreibung: | 1 Online-Ressource (46 p) |
ISBN: | 1462307256 9781462307258 |
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spelling | Tsounta, Evridiki Verfasser aut Home Sweet Home Government's Role in Reaching the American Dream Tsounta, Evridiki Washington, D.C International Monetary Fund 2011 1 Online-Ressource (46 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/191 This paper investigates the role of government intervention in achieving the American dream of homeownership. The study analyzes the role of tax deductions in housing finance, including their impact on homeownership and housing consumption. The role of the Government Sponsored Enterprises in facilitating the creation of a secondary market for mortgage-backed securities is also analyzed as well as the role of the Federal Housing Administration. Cross-country comparisons of how housing is financed in other industrial countries is also provided, emphasizing how other countries have been able to achieve comparable homeownership rates as the United States in a less complicated and fiscally cheaper system. Country experiences of successfully phasing out government intervention are also analyzed Online-Ausg http://elibrary.imf.org/view/IMF001/12117-9781462307258/12117-9781462307258/12117-9781462307258.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tsounta, Evridiki Home Sweet Home Government's Role in Reaching the American Dream |
title | Home Sweet Home Government's Role in Reaching the American Dream |
title_auth | Home Sweet Home Government's Role in Reaching the American Dream |
title_exact_search | Home Sweet Home Government's Role in Reaching the American Dream |
title_exact_search_txtP | Home Sweet Home Government's Role in Reaching the American Dream |
title_full | Home Sweet Home Government's Role in Reaching the American Dream Tsounta, Evridiki |
title_fullStr | Home Sweet Home Government's Role in Reaching the American Dream Tsounta, Evridiki |
title_full_unstemmed | Home Sweet Home Government's Role in Reaching the American Dream Tsounta, Evridiki |
title_short | Home Sweet Home |
title_sort | home sweet home government s role in reaching the american dream |
title_sub | Government's Role in Reaching the American Dream |
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