Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
0Activity
0 of .
Results for:
No results containing your search query
P. 1
A Comparative Context for U.S. Housing Policy: Housing Markets and the Financial Crisis in Europe, Asia, and Beyond

A Comparative Context for U.S. Housing Policy: Housing Markets and the Financial Crisis in Europe, Asia, and Beyond

Ratings: (0)|Views: 1,190|Likes:
This paper summarizes six key demographic trends against the backdrop of the U.S. housing crisis, which has thrown markets into disarray and disrupted long-term trends in demography and housing demand.
This paper summarizes six key demographic trends against the backdrop of the U.S. housing crisis, which has thrown markets into disarray and disrupted long-term trends in demography and housing demand.

More info:

Categories:Types, Research
Published by: Bipartisan Policy Center on Apr 20, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

04/15/2014

pdf

text

original

 
 
  
 
Prepared for the Bipartisan Policy Center
 April 2012
A Comparative Context for U.S. Housing Policy:
Housing Markets and the Financial Crisis in Europe, Asia, and Beyond
 
 A Comparative Context for U.S. Housing Policy: Housing Markets and the Financial Crisis in Europe, Asia, and Beyond
 
| 2
ABOUT BPC Founded in 2007 by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell, Bipartisan Policy Center (BPC) is a non-profit organization that drives principled solutions through rigorous analysis, reasoned negotiation and respectful dialogue. With projects in multiple issue areas, BPC combines politically balanced policymaking with strong, proactive advocacy and outreach. AUTHORS Ashok Bardhan, Fisher Center for Real Estate and Urban Economics, University of California-Berkeley Robert Edelstein, Haas School of Business, University of California-Berkeley Cynthia Kroll, Fisher Center for Real Estate and Urban Economics, University of California-Berkeley DISCLAIMER This paper was prepared by consultants for the Bipartisan Policy Center as background for the Housing Commission. The data, information and projections in this paper are those of the consultants and not of the Bipartisan Policy Center or members of the Housing Commission. Funding for this paper was provided by the John D. and Catherine T. MacArthur Foundation.
  
 
 
 A Comparative Context for U.S. Housing Policy: Housing Markets and the Financial Crisis in Europe, Asia, and Beyond
 
| 3
Table of Contents
Executive Summary.............................................................4
Examples from Across the Globe.............................................................4 Findings and Conclusions .......................................................................5
Introduction..........................................................................6 A Comparative Context.....................................................9
Basic Elements of the Housing System.....................................................9 Overview of Global Housing Markets...................................................... 10 Finance and Mortgage System .............................................................. 12 The U.S. Housing Finance System ............................................... 12 Comparative Finance Systems .................................................... 13 Comparative Housing Systems and the Crisis.......................................... 15 European Housing Systems ........................................................ 15 Germany........................................................................ 16 Denmark........................................................................ 17 United Kingdom .............................................................. 18 Ireland .......................................................................... 18 Spain............................................................................. 19 Asian Housing Systems.............................................................. 20 Japan ............................................................................ 21 China............................................................................. 22 Singapore ...................................................................... 22 India ............................................................................. 23 Other Examples ........................................................................ 24 Australia ........................................................................ 24 Canada.......................................................................... 25
Concluding Remarks.........................................................26 Glossary ..............................................................................28 Endnotes.............................................................................30 Additional References......................................................32

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->