Moving toward a viable multifamily debt market with no ongoing federal guarantee
AbstractThe federal government offers the owners of multifamily rental housing guarantees. The guarantees and artificially low interest rates increase mortgage debt on the nation's multifamily stock. This may cause serious problems if not corrected.
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Bibliographic InfoPaper provided by American Enterprise Institute in its series Working Papers with number 37116.
Date of creation: Mar 2013
Date of revision:
multifamily loans; mortgage; Housing policy; government-sponsored enterprises (GSEs); Federal Housing Administration (FHA);
Find related papers by JEL classification:
- A - General Economics and Teaching
- G - Financial Economics
- R - Urban, Rural, Regional, Real Estate, and Transportation Economics
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