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Foundations of Home Ownership Policy - The Implementation of the Financing of Use as an Independent Finance Level

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  • Ramon Sotelo

Abstract

This paper identifies a financial level within the usage of a property. While traditional property finance is understood as the refinance of property income there is a fist financial level in the financing of the usage, being the renting of a property the dept financing and the ownership of a used property the equity financing of the usage. Applying theory of finance to the financing of the usage provides a variety of knowledge on housing markets as well as housing and especially home-ownership policy.

Suggested Citation

  • Ramon Sotelo, 2001. "Foundations of Home Ownership Policy - The Implementation of the Financing of Use as an Independent Finance Level," ERES eres2001_281, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2001_281
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    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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