The Future of Homeownership in the United States Featuring Bank of America CEO Brian Moynihan

Homeownership has long been synonymous with achieving the “American Dream.” Yet the collapse several years ago of the housing market calls for homeowners, lenders, and the federal government to re-evaluate their expectations and roles to meet the goal of long-term stability, soundness, and fairness in homeownership.

On December 14, the Economic Studies program at Brookings hosted a discussion with Bank of America CEO Brian Moynihan, followed by a panel discussion of industry and policy experts. The discussion focused on the benefits and costs of homeownership and the appropriate role of lenders, investors and government policies, such as tax incentives and housing finance subsidies, to achieve this goal.