The political risks of targeted mortgage subsidies

Subsidy | Economic Consultants – Insofar as they are inefficient, however, subsidies would generally be considered by economists to be bad, as economics is the study of efficient use of limited resources. Ultimately, however, the choice to enact a subsidy is a political choice. Note that subsidies are linked to the concept of economic transfers from one group to another.

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HOFINET | Housing Finance Information Network – Housing finance subsidies can be applied to the equity in the house or to improve access to or lower cost of debt finance; they can target the acquisition, improvement, or construction of housing in either owner-occupied or rental markets. housing finance subsidies can focus on improved efficiency of housing finance systems or assist households.

Sharing Knowledge on Targeted Subsidies in Urban Transport – Cities need to balance financial sustainability and social inclusiveness, with research suggesting that cities should set fares to allow cost recovery and then offer targeted subsidies for the poor. When the Mayor of Bogota asked the WBG to help design the targeted subsidy program, GPOBA lent its support.

Should government intervene in the housing market? | Chicago. – I’m not sure that a first-time battleship-buyer program would be as good an idea. As to whether in peacetime we should have mortgage-interest subsidies, I agree with Bob that a lot of intensive margin subsidies in the housing market just cause people to buy larger homes, more square footage, more expensive places.

PDF GLOBAL COMPARISON OF HOUSING SUBSIDIES1 Diverse global. – grants (for principl down payments) for housing purchases. Mortgage interest rate subsidies a take many forms-direct interest rate subsidies, state sup-related savings port for housing schemes, statesponsored insurance or guarantees for credit risk associated with housing loans -..

PDF Nigeria Affordable Housing Roundtable – takes over from private lenders all or a portion of the credit risk associated with all or a targeted portion of housing loans. "ack-stopped" state sponsored guarantees may be subject to political risk of encouraging default or the pitfall of not estimating catastrophic or systemic risks.

The Problem with Record Bank Profits – With the rate of loan defaults falling, the housing market recovering, and businesses expanding, the banks’ traditional lending and mortgage businesses have. and implicit subsidies from the.

Targeted subsidies are better | New Straits Times | Malaysia. – Unsustainable budget deficits, partly on account of indiscriminate subsidies, have damaging effects on an economy. They depreciate the currency, cause inflation and lower real incomes. If financed by huge borrowings, deficits can trigger a debt default.