This book brings together much of the best policy-oriented research on state and local mortgage revenue bond (MRB) programs. Most of this re search was conducted to evaluate the impact of MRB subsidies on housing markets and potential home buyers. All of the research is concerned with the so what question often ignored by economists: it addresses the implications of the research results for public policy decisions concerning MRBs. The need for this book becomes apparent when reading the transcripts of congressional hearings on MRBs. At those hearings, the policy debate seems underinformed. Aside from discussions of the General Accounting Office's periodic evaluations of MRB programs and impassioned rebuttals by MRB proponents, the hearing testimony consists mostly of assertions and anecdotal evidence, with some yes MRBs work and no they don't exchanges. Although the research in this book may not improve the level of the policy debate on MRBs, it can inform decision makers, experts, and citizens interested in housing policy about issues that should be examined when considering the future of MRBs. Also, it can point other researchers interested in housing policy in the direction of the questions about MRB programs that need additional attention.
Product Identifiers
Publisher
Springer
ISBN-13
9780792391807
eBay Product ID (ePID)
95531061
Product Key Features
Book Title
Mortgage Revenue Bonds: Housing Markets, Home Buyers and Public Policy
Author
D. Durning
Format
Hardcover
Language
English
Topic
Economics, Finance
Publication Year
1991
Type
Study Guide
Number of Pages
276 Pages
Dimensions
Item Height
235mm
Item Width
155mm
Volume
2
Item Weight
1300 g
Additional Product Features
Topic Area
Regional History
Series Title
Current Issues in Real Estate Finance and Economics
Country/Region of Manufacture
Netherlands
Editor
D. Durning
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