| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16245 |
| 来源ID | Working Paper 16245 |
| Repairing a Mortgage Crisis: HOLC Lending and its Impact on Local Housing Markets | |
| Charles Courtemanche; Kenneth A. Snowden | |
| 发表日期 | 2010-07-27 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | The Home Owners' Loan Corporation purchased more than a million delinquent mortgages from private lenders between 1933 and 1936 and refinanced the loans for the borrowers. Its primary goal was to break the cycle of foreclosure, forced property sales and decreases in home values that was affecting local housing markets throughout the nation. We find that HOLC loans were targeted at local (county-level) housing markets that had experienced severe distress and that the intervention increased 1940 median home values and homeownership rates, but not new home building. |
| 主题 | Macroeconomics ; Money and Interest Rates ; Financial Economics ; Financial Markets ; Financial Institutions ; History ; Financial History ; Other History ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w16245 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573920 |
| 推荐引用方式 GB/T 7714 | Charles Courtemanche,Kenneth A. Snowden. Repairing a Mortgage Crisis: HOLC Lending and its Impact on Local Housing Markets. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16245.pdf（349KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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