Immigration and Home Ownership
Government Subsidies and Wealth Distribution Effects in Israel
Bibliographic Data
| ID | 12633366 |
|---|---|
| Authors | Gilat Benchetrit (Technion – Israel Institute of Technology, corresponding author), Daniel Czamanski (0000-0002-3309-4475, Technion – Israel Institute of Technology) |
| Year | 2008 |
| Volume | 26 |
| Issue | 3 |
| Pages | 210-230 |
| Publication date | 2008-07-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Housing Theory and Society (JOURNAL) |
| Journal identifiers | ISSN: 1403-6096 • E-ISSN: 1651-2278 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/14036090802057281 |
| OpenAlex | W2015768535 |
| Language | EN |
| Citations received | 3 |
| References cited | 27 |
A wealth‐building, egalitarian argument is persistently used to justify homeownership policies. This paper examines this argument in light of the Israeli housing market experience during the 1990s. Under the pressure of mass immigration from the former USSR, the governmental mortgage scheme evolved to misleadingly appears as a voucher system. This system reconciled two conflicting paradigms: (1) the commitment of Israel to serve as a safe haven for all Jewish people, (2) the rising belief in the merits of economic liberalization. This system proved to be effective in creating a construction boom, and in achieving high homeownership rate among immigrants. Yet, analyses presented in the paper suggest that it led to rapidly increasing prices, chaos and distortion in the housing market, and incurred high costs for small, disadvantaged groups
Argument (complex analysis · Boom · Disadvantaged · Distribution (mathematics · Economic growth · Economics · Government (linguistics · Immigration · Market economy · Political science · Subsidy · Voucher · Housing Market and Economics · Housing, Finance, and Neoliberalism · Law · Urban, Neighborhood, and Segregation Studies
The social benefits of homeownership
Home-ownership and Unemployment in the US
The housing policies for Ethiopian immigrants in Israel
Home ownership in recession
Privatisation of public housing in Israel
The downside of home ownership
Who has negative equity? How house price falls in Britain have hit different groups of home buyers
Assimilation and Stratification in the Homeownership Patterns of Racial and Ethnic Groups
Assimilation and Stratification in the Homeownership Patterns of Racial and Ethnic Groups
Measuring the Benefits of Homeowning
The Real Estate Cycle and the Economy
Trying to Understand Low-income Housing Subsidies
Home Ownership
Inclusion or Exclusion? The Role of Housing Subsidies and Benefits
Home-ownership and Unemployment in the US
Negative Equity and British Housing in the 1990s
Residential Mobility, Housing Equity and the Labour Market
Incentives and Social Capital
The Impact of Homeownership on Political Beliefs
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2014 - 2021 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |