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Annual Privatization Report examines privatization and public-private partnership trends at the federal levelApril 15, 2013
The federal section of Reason Foundation's Annual Privatization Report 2013 provides an overview of the latest on federal government privatization and public-private partnerships. Topics include:
Subsection of Annual Privatization Report 2013: Federal Government PrivatizationApril 15, 2013
This subsection of Reason Foundation's Annual Privatization Report 2013: Federal Government Privatization details miscellaneous news and notes from the privatization of federal government services.
The Obama administration is concerned that even in the midst of the housing market’s recovery, many young people and people with bad credit can’t borrow money to buy homes. Yes, this sounds eerily similar to the policies that helped create the housing bubble in the first place. And yes, while ensuring that homes loans are available to all borrowers is a well-intentioned plan to help low-income families, it will likely hurt them.
Who Benefits and By How Much?December 12, 2012
The federal income tax code is riddled with loopholes, deductions and credits designed to promote various social goals and benefit assorted groups of Americans. One of the largest of these is the mortgage interest deduction (MID), which allowed taxpayers to claim benefits of $82.7 billion in 2010, the latest data available. Given the number of recent proposals to change the MID in some way, it is helpful to review which households are claiming the mortgage interest deduction.
In a new policy summary, Reason Foundation offers a update to the 2011 study "Unmasking the Mortgage Interest Deducton" and takes a look at who is currently benefiting from the MID.
Joint Committee on Taxation data shows households making $100,000 or more a year constitute 55 percent of those claiming the MID, and they receive 78 percent of the deduction’s total benefits. The last two columns of our table of the JCT data show the average tax savings that households in each income group receive from the MID, and what those savings represent in monthly savings. For example, the MID saves middle-class households making between $40,000 and $75,000 a year around $80 a month. The MID is not the middle-class savior it is made out to be.
What housing data you should look for in the coming monthsOctober 24, 2012
With a large amount of housing data coming out over the next few days (including the FHFA price data leaked last night), we are likely to see a full range of headlines either proclaiming a continued housing recovery or warning that single data points can’t be considered in isolation. Housing analysts are notorious for their heterogeneous outlook, so this non-convergence of opinion is to be expected. But can we filter through the headline noise to identify which reports are providing the most robust analysis? Sure, just look for the reports that include a comment or two about a coming foreclosure wave—those are the more robust stories.
The reality is that foreclosures are far from having hit their bottom. They declined after the “robo-signing” scandal in late 2010, which revealed that banks were processing foreclosures too quickly. But this slowdown was the result of procedural changes, not resurgent market strength. A recent Barclay’s forecast estimates foreclosures will be rapidly picking up steam going into 2013 and peaking in 2014 before they actually start to dissipate towards the end of 2014 and beyond. We have replicated their forecast to show a few key events that impacted the numbers.
Weighing the records of Obama-Biden and Romney-RyanAugust 17, 2012
A standard line in the punditry circuit this week has suggested that Mitt Romney's selection of Paul Ryan as his running mate will bring a welcome measure of substance to the race. If so, then cheers all around. Hopefully, one critical element of the economy and society that has gotten little substantive attention to date will get its due: housing finance and property markets. In principle, a Romney-Ryan Administration should represent a significant break from what President Obama has done in his first term on housing policy. But what do the records show?
View Resources by Type
- How Housing Regulation Increases Class Segregation
July 20th, 2012
- Inflationese: Pick Up a New Language Today!
July 14th, 2012
- California’s Latest Misguided Attempt to Solve the Housing Crisis
July 6th, 2012
- 4 Reasons Why the Housing Market Still Hasn't Recovered
June 17th, 2012
- Peter Schiff In the Octagon with Furious Congressbots
June 13th, 2012
- Bloomberg (News): Obama Shoulda Made HAMP, HARP Bigger
June 13th, 2012
- A “home is an essential part of the American dream”; White House Weaponizing Home Ownership for Re-Election Campaign
June 13th, 2012
- Is It Even Possible to Lower Property Assessments "Improperly"?
May 25th, 2012
- Land Use Wars: George Lucas Strikes Back
May 22nd, 2012
- Of Course Foreclosure Settlement Money Isn't Going to People With Foreclosures
May 16th, 2012
- California's Latest Deadbeat Property Owner: The City of Stockton
May 11th, 2012
- Goodbye, Million-Dollar Starter Home. Hello, Half-Million-Dollar Teardown
April 22nd, 2012
- Third Summer of Recovery Is Already Over
April 16th, 2012
- NYT Debate: Is Smart Growth Good, Great or Terrific?
April 9th, 2012
- Tim Cavanaugh Talks Islamism, Obamacare and Stagflation on PJTV
April 9th, 2012
- "You're not stabilizing the market. You're creating more chaos."
April 3rd, 2012
- Loan-Modification Scams Only News When There’s Hotness Involved
March 30th, 2012
- No, This Is Not a Housing Recovery
March 23rd, 2012
- Reason.tv: Time To Take Our Medicine, Bring on the Foreclosures Says Jim The Realtor
March 21st, 2012
- Watch/Listen to Matt Welch and Peter Schiff Talk Presidential Politics & Economic Policy
March 14th, 2012
- How Housing Policy Caused the Financial Crisis: Q&A with AEI's Peter Wallison
March 12th, 2012
- Arlington County Housing Division Hosts "Housing 4 Hipsters" Happy Hour to Help Hipsters Find Housing Assistance
March 5th, 2012
- Washington’s Lousy Real Estate Portfolio
February 27th, 2012
- People Can Live Underwater, Although They May Not Like It
February 9th, 2012
- Nick Gillespie Talks Politics of Homeowning on Freedom Watch w Judge Napolitano
February 7th, 2012
- Federal Privatization Update (4/15)
- ANALYSIS: Privatization of Financial Regulation is Not Impossible (4/15)
- How Obama’s Plan to Encourage Homeownership Will Hurt the Poor the Most (4/3)
- Unmasking the Mortgage Interest Deduction - Update 2012 (12/12)
- Thinking about Foreclosures and the Fauxcovery (10/24)
Experts: Housing, Mortgages, Fannie Mae and Freddie Mac
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