Time to Introduce Minimum Downpayments for Mortgages

Abstract

It is time to tackle the systemic flaw in housing policy — reliance on leverage — and introduce minimum downpayment regulations for all homebuyers, writes Charles W. Calomiris.

Authors: Charles Calomiris

Format: Newspaper/Magazine Article

Publication Date: August 24, 2010

Publication: The Financial Times Economists' Forum

Full Citation

Calomiris, Charles

. “Time to Introduce Minimum Downpayments for Mortgages.”

The Financial Times Economists' Forum

. August 24, 2010.