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Full-Text Articles in Housing Law
The Cost Of Home Ownership In Vermont, 1975-1990, Arthur G. Woolf
The Cost Of Home Ownership In Vermont, 1975-1990, Arthur G. Woolf
New England Journal of Public Policy
Housing prices in Vermont, like those in the other New England states, shot up dramatically during the economic boom of the 1980s. This article investigates the causes of that price increase and focuses on the cost of home ownership in Vermont in the years 1975 to 1990. Cost of home ownership is defined as the percentage of family income needed to finance an average-price home. Although prices skyrocketed during the 1980s, the actual cost of home ownership as a percentage of income was about 15 percent greater in 1990 than it was during the mid-1970s. Housing price increases are expected …
The Housing Crisis Enters The 1990s, Peter Dreier, Richard Appelbaum
The Housing Crisis Enters The 1990s, Peter Dreier, Richard Appelbaum
New England Journal of Public Policy
Homelessness in the United States is a symptom of a much deeper economic and housing crisis — a widening gap between incomes and housing prices. With the end of the Cold War, the nation has the resources to solve these problems, but to do so it must mobilize the political will. This article examines the roots of crisis, the public policies and market forces that created it, and policy recommendations to solve the problem. Key to forging a solution is building the political coalition needed to create a broad public consensus.