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Boom's Home-Ownership Gains Lost

Wall Street Journal Original article ›

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Is home ownership beneficial? Risks of social policy promoting home ownership.

04/16/2009

Social policy promoting home ownership has many risks if bubble phenomena take hold and trading in home assets as investments becomes a core activity in the economy. It harms investment and employment through severe cutbacks in consumption in a collapsing housing market.

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U.S. Homeownership Rate Falls to Lowest Level Since Mid-1990s

Wall Street Journal 04/30/2014

Shelter, or burden?

Economist 04/16/2009

Boom's Home-Ownership Gains Lost

Wall Street Journal 02/01/2011

As China’s economy slows, real estate bubble looms - The Washington Post

Washington Post 10/03/2012

Housing Market’s Future Still Has Many Clouds

New York Times 01/26/2013


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