The Value of Home Ownership
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Avital Margalit
The article offers a new reading of the home ownership-mortgage relationship in Israel. It points at the duality characterizing Israeli law regarding home ownership and its protection. While home ownership is a cherished social value, there is a reluctance to provide it with sufficient protection. The significant implications of repossession in the personal, social, and economic realms call for new thinking concerning the assurance of sustainable housing. Current protection laws focus mostly on ex post solutions, aimed at alleviating the plight of the defaulting mortgagor. The article emphasizes the need for ex ante policies, introducing innovative mechanisms in home purchasing.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Artikel in diesem Heft
- Article
- Facts on the Ground and Reconciliation of Divergent Consumer Insolvency Philosophies
- Theories of Overindebtedness: Interaction of Structure and Culture
- Conservative Economics and Optimal Consumer Bankruptcy Policy
- The Evolution of Bankruptcy Stigma
- Optimizing Consumer Credit Markets and Bankruptcy Policy
- Bankruptcy Policy in Light of Manipulation in Credit Advertising
- The Value of Home Ownership
- Credit Markets, Exemptions, and Households with Nothing to Exempt
- Velvet Bankruptcy
- Comprehensive Reform of Japanese Personal Insolvency Law
- The Chief Enforcement Officer and Insolvency in Israeli Law
- Personal Bankruptcy in Korea: Challenges and Responses
- Functionalism and Political Economy in the Comparative Study of Consumer Insolvency: An Unfinished Story from England and Wales
Artikel in diesem Heft
- Article
- Facts on the Ground and Reconciliation of Divergent Consumer Insolvency Philosophies
- Theories of Overindebtedness: Interaction of Structure and Culture
- Conservative Economics and Optimal Consumer Bankruptcy Policy
- The Evolution of Bankruptcy Stigma
- Optimizing Consumer Credit Markets and Bankruptcy Policy
- Bankruptcy Policy in Light of Manipulation in Credit Advertising
- The Value of Home Ownership
- Credit Markets, Exemptions, and Households with Nothing to Exempt
- Velvet Bankruptcy
- Comprehensive Reform of Japanese Personal Insolvency Law
- The Chief Enforcement Officer and Insolvency in Israeli Law
- Personal Bankruptcy in Korea: Challenges and Responses
- Functionalism and Political Economy in the Comparative Study of Consumer Insolvency: An Unfinished Story from England and Wales