[Download] "Washington State Housing Finance Commission v. Obrien" by Supreme Court of Wisconsin # Book PDF Kindle ePub Free

July 14, 2021

eBook details

Title: Washington State Housing Finance Commission v. Obrien
Author : Supreme Court of Wisconsin
Release Date : January 28, 1983
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 80 KB

Description

The Legislature created the Commission after investigating the impact of Washingtons severe economic recession on the states housing needs. It found that the sustained high interest rate in the mortgage market precluded home buying for many low to middle income families. The ramifications from the stagnate housing market were numerous. Home construction was at record lows, and current housing supply was critically below the populations needs, for both home buyers and renters. Many persons unable to procure financing to buy homes were forced into the rental market. With rental housing in high demand, low income units became difficult to find. Increasingly, substandard housing became occupied.