The K@W Network:
Assistant Professor of Real Estate
Misperceptions about the key drivers and impacts of the housing crisis persist -- and clarifying those will ensure the same mistakes aren't repeated, Wharton experts say.
Reform of Fannie Mae and Freddie Mac, strong oversight and improved affordable housing supply are critical needs, say experts.
Recent trends show that while rents are falling for high-end dwellings, middle- and low-income renters are still struggling to afford housing.
The latest tax changes may steer people towards renting rather than owning a home, but for those who still want to buy, experts have some advice.
While the uptick in homeownership is nowhere near pre-recession levels, it marks a significant shift from a decade ago. But what has changed?