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If you have the bad luck to buy a house in a declining neighborhood — or at the peak of a housing bubble, like in 2007 — you could wind up having your home equity totally wiped out. So, the argument goes, it might be better to keep renting and put …
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Despite market reports of strong median home price appreciation this spring, gains are very uneven and nearly half of homes in 10 of the nation's largest markets actually lost value in May, according to a report by Weiss …
“The same pattern occurred before the great housing meltdown 10 years ago. The percent of houses rising in D.C. declined from 100% to 60% while the metro index showed a slowdown but did not go negative. Once the population of houses that had been …
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This is because while stock values have skyrocketed over the past few years, home values in developed economies have made modest gains. Though a stock market crash would be a bad thing, it wouldn't nearly have the same effect on GDP a housing …
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If those economists who believe the government will continue to intervene are right, the outcome would further fuel a false demand for available housing. But will this government or even a new one want to step in again to bail …
Almost eight decades later, the consultancy company that bears his name declared “the next recession will be caused by the deflating housing bubble.” By February 2007, it predicted problems in the subprime-mortgage …
Three years ago, the L.A. Times published an extended series on the exploding investment in poor-credit used car auto dealerships, fueled by the exact same kind of Wall Street securitization that led to the housing bubble and meltdown. The investment …
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It is said" when America has diarrhea Detroit gets pooped on" The 2008 housing crisis is a good example, Quicken loans flooded the city with sub prime loans,giving people loans who obviously could not or should not have qualified for them, then laid …
A housing bust would also have deleterious effects on the Chinese financial system, raising the risk of either a Lehman-like crisis or a Japan-style zombification of the economy (perhaps both). Either would be a big blow to …
A quick check of the calendar reveals that we're almost six years out from the bursting of the housing bubble and the fall of Lehman Brothers. So are we on the precipice of another financial crisis, and what will it look like? To be sure, danger still …
… set the piratics in motion by relaxing financial regulations, and at Citi encouraged the high-risk activity that imperilled the bank; and Angelo Mozilo, who super-charged the record U.S. housing boom and bust by providing mortgages for a fee to …
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The housing bubble in Ontario, condo craziness, has forced prices for all real estate upwards, and increased borrowing, with the result that Canadians now have switched places with the Americans as holders of the highest consumer debt. (Americans were …
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It will concentrate on consumer behavior, financial markets, unemployment, and the housing sector," according to the course description. "The role of public policies in contributing to the economic crisis and in ending the crisis will be explored. The …
Economic data in 2013 is a bit stronger, and seems more durable than at any time since the crisis. The labor market continues to improve, and the strength of the housing market is well known. But none of it is that good, especially on the labor front …
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If another housing meltdown occurred, taxpayers could again be on the hook. “We would essentially be recreating the old housing policies of the past of Fannie Mae and Freddie Mac under a different name,” said James …
If another housing meltdown occurred, taxpayers could again be on the hook. “We would essentially be recreating the old housing policies of the past of Fannie Mae and Freddie Mac under a different name,” said James …
If another housing meltdown occurred, taxpayers could again be on the hook. “We would essentially be recreating the old housing policies of the past of Fannie Mae and Freddie Mac under a different name,” said James …
If another housing meltdown occurred, taxpayers could again be on the hook. “We would essentially be recreating the old housing policies of the past of Fannie Mae and Freddie Mac under a different name,” said James Gattuso, a senior policy fellow in …
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