Why does America have a love affair with homeownership? For many, buying a home is no longer in their best interest and may actually harm their children's educational opportunities. This book argues that U.S. leaders need to reevaluate all housing policies and develop new ones that ensure that all Americans have greater access to affordable housing whether rented or owned. After describing homeownership's most common myths, the book shows why the financial circumstances America's financial underclass now face make it impossible for them to benefit from homeownership because they cannot afford to buy homes. The book then exposes the risks of "home buying while brown or black" by discussing U.S. policies that made it easier for whites to buy homes easily and cheaply, but harder and more costly for blacks and Latinos to do so. The book argues that remaining traces of racial discrimination and certain demographic features continue to make it harder for blacks and Latinos to receive homeownership's promised benefits.

Product Description: Fannie Mae and Freddie Mac, government-sponsored enterprises that played a prominent role in the financial crisis of 2008, and the federal government have come to a crossroads. The government must make key decisions about their structure, and indeed, their very existence...read more

Product Description: Millions of Americans have lost their homes since the start of the recession initiated by the financial crisis of 2008–09. But is the dream of homeownership for America's working families obsolete, an aspiration from a bygone era? Regaining the Dream rejects that notion and proposes a way to strengthen the financial system while simultaneously promoting an equitable and viable American homeownership policy...read more

Product Description: This meticulously documented work sets forth the major causes of the greatest asset bubble in world economic history―the American housing bubble, which began in 1940 and collapsed in 2007.• Extracts from major legislation―federal, state, and local―that promoted the creation of the housing bubble• An introductory essay illuminating the broad features of Western capitalism and the financial and government institutions that have evolved to promote and regulate it, notably in the United States• A detailed chronology orienting readers to the sequence and context of events• A glossary of important financial and regulatory terms and terms used by those in the housing industry• An appendix of governmental agencies and private institutions and think tanks involved in various aspects of the financial crisis• A bibliography listing hundreds of sources, from articles and periodicals to books and treatise...read more

Product Description: Are you worried about your mortgage, or facing foreclosure?Starting over after losing your home?Buying a home or looking to refinance, and just don't know where to start?In Saving Your American Dream, industry veteran Jason Biro shows you step-by-step how to make it through these tough economic times -- without sacrificing the American dream of homeownership...read more