Markets and Redevelopment
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This article explores the impact of the Neighborhood Housing Service (NHS) in three urban neighborhoods. Specific elements of the local housing markets examined include the home, improvement loan rate, the conventional mortgage loan rate, and housing price. The analysis questions the favorable image of the program, finding only limited evidence of a positive program impact. The article concludes by noting some limitations to market-based programs such as NHS.
[1] John M. McAdams. THE ANTI-POLICY ANALYSTS , 1984 .
[2] R. Hula. The Allocation of Home Credit: Market versus Nonmarket Factors , 1984 .