Housing Markets and the Economy
Housing Markets and the Economy

Author: Karl E. Case

Publisher: Lincoln Inst of Land Policy

Published: 2009

Total Pages: 417

ISBN-13: 9781558441842

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Based on the work of Karl "Chip" Case, who is renowned for his scientific contributions to the economics of housing and public policy, this is a must read during a time of restructuring our nation's system of housing finance.

Housing Markets in the United States and Japan
Housing Markets in the United States and Japan

Author: Yukio Noguchi

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 280

ISBN-13: 0226590208

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Although Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housing investment in the two countries. For example, because down payments in Japan are much higher than in the United States, Japanese tend to delay home purchases relative to their American counterparts. In the United States, the advent of home equity credit may have reduced private saving overall. This book is the first comparison of housing markets in Japan and the United States, and its findings illuminate the effects of housing markets on productivity growth, business investment, and trade.

Housing Crisis and State and Local Government Tax Revenue
Housing Crisis and State and Local Government Tax Revenue

Author: Byron Lutz

Publisher: DIANE Publishing

Published: 2011-05

Total Pages: 51

ISBN-13: 1437940021

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State and local government tax revenues dropped steeply following the most severe housing market contraction since the Great Depression. The authors identify five main channels through which the housing market affects state and local tax revenues: property tax revenues, transfer tax revenues, sales tax revenues, and personal income tax revenues. They find that property tax revenues do not tend to decrease following house price declines. The other four channels have had a relatively modest effect on state tax revenues. These channels jointly reduced tax revenues by $15 billion from 2005 to 2009, which is about 2% of total state own-source revenues in 2005. Charts and tables. This is a print on demand publication.

The State of the Nation's Housing Market
The State of the Nation's Housing Market

Author: United States Congress

Publisher: Createspace Independent Publishing Platform

Published: 2017-10-15

Total Pages: 118

ISBN-13: 9781978279780

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The state of the nation's housing market: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, first session, on examining the state of the nation's housing market and its effect on the U.S. economy and American citizens, October 20, 2009.