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... > contexts > demography > residence characteristics > housing > mortgage finance > mortgage revenue bonds
... > contexts > population characteristics > health > public health > epidemiologic measurements > demography > residence characteristics > housing > mortgage finance > mortgage revenue bonds
... > contexts > population characteristics > demography > residence characteristics > housing > mortgage finance > mortgage revenue bonds

Preferred term

mortgage revenue bonds  

Definition

  • When a household buys a home, it is usually necessary to borrow money to finance the purchase because the price of the home is high relative to the household's income. Saving for the down payment often takes time and sacrifice; saving the full purchase price is virtually impossible. [Source: The Encyclopedia of Housing; Mortgage Revenue Bonds]

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URI

https://concepts.sagepub.com/social-science/concept/mortgage_revenue_bonds

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