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Current Issues in Real Estate Finance and Economics

Mortgage Revenue Bonds

Housing Markets, Home Buyers and Public Policy

Editors: Durning, D. (Ed.)

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About this book

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.

Table of contents (14 chapters)

Table of contents (14 chapters)
  • Bonds for the American Dream: A Political History of Single-Family Mortgage Revenue Bond Programs

    Pages 3-58

    Durning, Danny W.

  • Rationing Eligibility for Mortgage Bond Loans

    Pages 61-70

    Ratzenberger, James C.

  • Economic Policy Analysis of Mortgage Revenue Bonds

    Pages 75-86

    Cooperstein, Richard L.

  • Policy Instruments and Policy Outcomes: Comparing the Arguments for Mortgage Revenue Bonds with Their Policy Results

    Pages 89-111

    Durning, Danny W.

  • The Value of Mortgage Interest Subsidies to Participants in the Single-Family Mortgage Revenue Bond Program of a State Housing Finance Agency

    Pages 113-122

    Iwarere, L. Jide (et al.)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-94-011-2974-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.99
price for USA in USD
  • ISBN 978-0-7923-9180-7
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • ISBN 978-94-010-5321-1
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Mortgage Revenue Bonds
Book Subtitle
Housing Markets, Home Buyers and Public Policy
Editors
  • D. Durning
Series Title
Current Issues in Real Estate Finance and Economics
Series Volume
2
Copyright
1992
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-94-011-2974-9
DOI
10.1007/978-94-011-2974-9
Hardcover ISBN
978-0-7923-9180-7
Softcover ISBN
978-94-010-5321-1
Edition Number
1
Number of Pages
XI, 276
Topics

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