Economics, Econometrics and Finance
4 years ago

Fed programs could reduce federal risk exposure while boosting homeownership.

RePEc: Research Papers in Economics
Federal Credit and Insurance Programs: Housing
John M. Quigley

Paper Summary

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The U.S. government has credit and insurance programs to support urban housing. Programs like FHA and VA help people buy homes. Private sector growth means less need for federal help. The government should focus on first-time homebuyers to reduce risk.