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The Right to Rent Plan

Author

Listed:
  • Dean Baker

Abstract

This issue brief discusses a plan that would effectively deal with the mounting problem of home foreclosures in this country. The main point of the plan is that those who are facing foreclosure should have the option to remain in their home for a substantial period of time as renters. There are also numerous advantages in enacting Right to Rent legislation: it is simple, it can take effect immediately, it requires no taxpayer dollars, and it creates no new bureaucracy.

Suggested Citation

  • Dean Baker, 2009. "The Right to Rent Plan," CEPR Reports and Issue Briefs 2009-25, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2009-25
    as

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    File URL: http://www.cepr.net/documents/publications/right-to-rent-2009-07.pdf
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    More about this item

    Keywords

    right to rent; foreclosures; housing;

    JEL classification:

    • G - Financial Economics
    • G2 - Financial Economics - - Financial Institutions and Services
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • R - Urban, Rural, Regional, Real Estate, and Transportation Economics
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R28 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Government Policy
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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