Would “Student Loan Mortgages” Solve Homeownership Problems?


Posted To: MND NewsWire

In June the National Association of Realtors® (NAR) released a “working paper” from the Rosen Consulting Group and the Fisher Center for Real Estate and Urban Economics, University of California, Berkeley, detailing several barriers to homeownership ; affordability, post-foreclosure stress disorder, access to mortgages, and student loan debt, among others. A second Rosen Group paper was released last week with suggestions for overcoming these barriers. We made passing reference to it while summarizing NAR’s housing forecast for 2018. However, but some of the suggestions contained in Improving Access to Affordable, Safe and Sustainable Homeownership , especially those relating directly to affordability and mortgage access, are worth a closer look. One key factor, relating to both affordability…(read more)

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