The American Housing Crisis

by Louise I. Gerdes (Editor)

Overview

This book explores the seriousness of the American housing crisis, the impacts, causes and solutions. Readers will learn about the threat to families and neighborhoods, homeownership as a wealth-building strategy, lending reform, and mortgage interest deduction. Includes primary and secondary sources from a variety of perspectives; eyewitnesses, scientific journals, government officials, and many others.

Product Details

ISBN-13:	9780737768190
Publisher:	Greenhaven Publishing LLC
Publication date:	05/03/2014
Series:	At Issue Series
Pages:	104
Product dimensions:	5.90(w) x 8.80(h) x 0.20(d)
Age Range:	15 - 17 Years

Table of Contents

Introduction 7

1 The American Housing Crisis Threatens Families and Neighborhoods Kevin Zeese Margaret Flowers 16

2 Homeownership Is an Unreliable Wealth-Building Strategy Dennis Ventry 26

3 Can We Afford Another Housing Boom? Wall Street Journal 31

4 Racist Lending Led Minorities to Suffer More from the Housing Crisis Leela Yellesetty 35

5 Lending Reform Must Not Unnecessarily Limit Access to Mortgage Credit David M. Abromowitz 40

6 Dodd-Frank Qualified Mortgage Rules Will Create a New Bubble Jay Weiser 48

7 Lending Reform Threatens Minority Homeownership Liz Peek 53

8 Refinancing Programs Will Help the Economy and Reduce Foreclosures John Griffith Janneke Ratcliffe David M. Abromowitz 58

9 Laws That Prevent Foreclosures Delay Recovery from the Housing Crisis Anthony Randazzo Katie Furtick 65

10 Repealing the Mortgage Interest Deduction? Hold the Applause! John C. Weicher 70

11 Tax Reform That Hits Home Doyle McManus 74

12 What to Do with Fannie and Freddie Alex J. Pollock 78

Organizations to Contact 84

Bibliography 89

Index 94