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Author: Federal Reserve Board
Publisher: CreateSpace
ISBN: 9781499175578
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether you ask homeowners how much their houses are worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Individual homeowner 'errors' are estimated to explain about one-third of the different in aggregate changes in the housing stock as measured by the Survey of Consumer Finances and CoreLogic national HPI. In a panel of homeowners surveyed during the housing downturn, owner-reported changes in value do not systematically diverge from local house price index changes.
Author: Federal Reserve Board
Publisher: CreateSpace
ISBN: 9781499175578
Category : Business & Economics
Languages : en
Pages : 38
Get Book Here
Book Description
The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether you ask homeowners how much their houses are worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Individual homeowner 'errors' are estimated to explain about one-third of the different in aggregate changes in the housing stock as measured by the Survey of Consumer Finances and CoreLogic national HPI. In a panel of homeowners surveyed during the housing downturn, owner-reported changes in value do not systematically diverge from local house price index changes.
Author: Alice Henriques Volz
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
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Book Description
The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether you ask homeowners how much their houses are worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Individual homeowner "errors" are estimated to explain about one-third of the different in aggregate changes in the housing stock as measured by the Survey of Consumer Finances and CoreLogic national HPI. In a panel of homeowners surveyed during the housing downturn, owner-reported changes in value do not systematically diverge from local house price index changes.
Author: Alice M. Henriques
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Jay M. Feinman
Publisher: Penguin
ISBN: 1101196289
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
An expose of insurance injustice and a plan for consumers and lawmakers to fight it Over the last two decades, insurance has become less of a safety net and more of a spider's web: sticky and complicated, designed to ensnare as much as to aid. Insurance companies now often try to delay payment of justified claims, deny payment altogether, and defend these actions by forcing claimants to enter litigation. Jay M. Feinman, a legal scholar and insurance expert, explains how these trends developed, how the government ought to fix the system, and what the rest of us can do to protect ourselves. He shows that the denial of valid claims is not occasional or accidental or the fault of a few bad employees. It's the result of an increasing and systematic focus on maximizing profits by major companies such as Allstate and State Farm. Citing dozens of stories of victims who were unfairly denied payment, Feinman explains how people can be more cautious when shopping for policies and what to do when pursuing a disputed claim. He also lays out a plan for the legal reforms needed to prevent future abuses. This exposé will help drive the discussion of this increasingly hot- button issue.
Author: Andrew Haughwout
Publisher: Academic Press
ISBN: 0128135255
Category : Business & Economics
Languages : en
Pages : 456
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Book Description
Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric. Introduces household finance by examining consumption and borrowing choices Tackles macro-problems by observing new, original micro-data Looks into the future of consumer spending by using data, not questionnaires
Author: Lund, Brian
Publisher: Policy Press
ISBN: 1447330455
Category : Political Science
Languages : en
Pages : 376
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Book Description
The 3rd edition of this bestselling textbook has been completely revised to address the range of socio-economic factors that have influenced UK housing policy in the years since the previous edition was published. The issues explored include the austerity agenda, the impact of the Coalition government’s housing policies, the 2015 Conservative government’s policy direction, the evolving devolution agenda and the recent focus on housing supply. The concluding chapter examines new policy ideas in the context of theoretical approaches to understanding housing policy: laissez-faire economics; social reformism; Marxist political economy; behavioural perspectives and social constructionism. Throughout the textbook, substantive themes are illustrated by boxed examples and case studies. The author focuses on principles and theory and their application in the process of constructing housing policy, ensuring that the book will be a vital resource for undergraduate and postgraduate level students of housing and planning and related social policy modules.
Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on the Constitution, Civil Rights, and Civil Liberties
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 410
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Book Description
Author: Kenneth Clark
Publisher: AuthorHouse
ISBN: 1452054363
Category : Fiction
Languages : en
Pages : 181
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Book Description
Born in Washington, DC, Ken Clark grew up the oldest of 6 children to Richard and Mary Clark. His parents had several entrepreneurial ventures, including real estate and restaurants, where Ken and his siblings worked as children. After graduating, Ken set off to California to open and run a Nutrition shop. In 1979, he came back to the East Coast to join his father in his first mortgage company venture. After buying out his father and adding a Virginia state chartered bank to his lending portfolio, he grew Sentry Mortgage Bankers while maintaining a small broker shop called First Guaranty Mortgage. After selling Sentry, the time was return to turn First Guaranty into a national lender and in 1995 set up its headquarters in Tysons Corner, VA. Now with licenses in 44 states and relationships with Fannie Mae, Ginnie Mae, HUD and the Veterans Administration, Ken is able to help folks around the country stay in their homes and improve their financial situations. He takes great price in accomplishing this goal and looks forward to the time when the American Dream of home ownership is a reality again for every person in this country. During this period of uncertainty with mortgages and housing, Ken along with a large group of employees that work with him, spend numerous hours working daily to create, change and come up with ideas that help people that are caught in a mortgage and housing debacle that certainly he after 30 years in the business and most people living today have never seen. He has vowed that regardless of what the Government does for banks and the enormous advantage they have with our money as deposits, he will survive, move forward and keep FHA, a company that was created to help the underserved and young military families after World War I, and anybody that needed somebody to show compassion and the willingness to see the person as a whole. Kens underwriting style which has proven to certainly be with FHA one of the best in the country. He does not look at the persons past credit only but rather that along with his future belief in their ability to make a payment, the one lender that wants and believes that people are basically good and that delinquencies are basically extenuating circumstances.
Author: Nancy Kleniewski
Publisher: Taylor & Francis
ISBN: 1003833233
Category : Social Science
Languages : en
Pages : 374
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Book Description
Cities, Change, and Conflict was one of the first texts to embrace the perspective of political economy as its main explanatory framework, and then complement it with the rich contributions of human ecology as well as perspectives derived from critical approaches to social theory. Although its primary focus is on North American cities, the book contains several chapters on cities in other parts of the world, including the Global North and Global South. It provides both historical and contemporary accounts of the impact of globalization on urban development and urban institutions. This sixth edition features a new, groundbreaking chapter on the relationship between the physical environment and human settlements, including the urban-rural nexus. This edition also expands and updates coverage of recent trends such as the establishment and evolution of gay neighborhoods, the suburbanization of immigrant groups, the situation of the immigrant youth known as "Dreamers," the reverse migration of Blacks from the North to the South, and the proliferation of exurban communities. Beyond examining the dynamics that shape the form and functionality of cities, the text surveys the experience of urban life among different social groups, including a new perspective on intersectionality as it affects people’s experiences in cities. It illuminates the workings of the urban economy, local and federal governments, and the criminal justice system while addressing policy debates and decisions that affect almost every aspect of urbanization and urban life.
Author: David M. P. Freund
Publisher: University of Chicago Press
ISBN: 0226262774
Category : Social Science
Languages : en
Pages : 528
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Book Description
Northern whites in the post–World War II era began to support the principle of civil rights, so why did many of them continue to oppose racial integration in their communities? Challenging conventional wisdom about the growth, prosperity, and racial exclusivity of American suburbs, David M. P. Freund argues that previous attempts to answer this question have overlooked a change in the racial thinking of whites and the role of suburban politics in effecting this change. In Colored Property, he shows how federal intervention spurred a dramatic shift in the language and logic of residential exclusion—away from invocations of a mythical racial hierarchy and toward talk of markets, property, and citizenship. Freund begins his exploration by tracing the emergence of a powerful public-private alliance that facilitated postwar suburban growth across the nation with federal programs that significantly favored whites. Then, showing how this national story played out in metropolitan Detroit, he visits zoning board and city council meetings, details the efforts of neighborhood “property improvement” associations, and reconstructs battles over race and housing to demonstrate how whites learned to view discrimination not as an act of racism but as a legitimate response to the needs of the market. Illuminating government’s powerful yet still-hidden role in the segregation of U.S. cities, Colored Property presents a dramatic new vision of metropolitan growth, segregation, and white identity in modern America.
