The Housing Crisis in America and the Policies That Created and Promoted It

作者: Niccolo Caldararo

DOI: 10.1007/978-3-030-12285-0_1

关键词: Context (language use)National PolicyCommodificationEconomic policyCredit crunchSpeculationBusinessGovernmentRedevelopmentAffordable housing

摘要: While government housing policy after the Second World War supported building more affordable for returning veterans, by 1960s and 1970s it was clear that goals of had spiralled into unaffordable projects median incomes. Large sponsored also were underfunded maintenance continued services changing tenant needs. By 1980s what become a paralyzed area national transformed commodification process. Where entities been established to build transformed, like redevelopment agencies, destruction most housing, finance vehicles FHA (established in 1934) “enterprise” units Fannie Mae began support speculation mortgages on grand scale until credit crisis 2007. The Goodman Building rent strike took place this context city over housing.

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