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The mortgage meltdown that preceded the Great Recession decimated minority wealth in my neighborhood, a majority–African-American suburban community in South Chicago. Housing prices fell, and remain more than 30 percent below what they were in …
June 24, 2008. Baby Boomers Face Massive Loss of Retirement Wealth Due to Housing Market Meltdown. Plummeting house prices will leave millions of homeowners dependent on Social Security in their retirement.
In addition, they didn't tap their equity as so many did before the housing meltdown. That 2004 refinancing "was probably the best financial decision they ever made," Somoano said. Now, the prospect of a paid-off home is an essential element of their …
In addition, they didn't tap their equity — as so many did before the housing meltdown. That 2004 refinancing "was probably the best financial decision they ever made," Somoano said. Now, the prospect of a paid-off home is an essential element of …
It would take an Ireland-style housing meltdown to derail the business models but if the NZ housing market merely fades away to grey, then it is not unreasonable to expect a similar future for the retirement village sector. Matthew Goodson is managing …
The Joint Center for Housing Studies of Harvard University (JCHS) issued its findings on the challenges we face meeting the housing needs of an aging population in the years ahead. Meanwhile, the Federal Reserve Board released its triennial Survey of …
Many workers are simply trying to recover from the financial meltdown that took place more than five years ago. According to the 15th Annual Transamerica … MORE: Is the housing market filled with 1,000 mini bubbles? Wall St. Cheat Sheet is a USA …
(Editor's note: This is part two of a two-part series examining the ongoing “retirement crisis” around the world. Part one ran in this … Spawned years before the Great Recession and the financial meltdown in 2008, the crisis was significantly …
Rebounding stock prices and a slow rise in housing prices are helping households recover their net worth. But Boston College's Center for Retirement Research says the recovery still leaves about 50 percent of American households at risk of being unable …
Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play …. Rebounding stock prices and a slow rise in housing prices are helping households recover their net …
Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play …. Rebounding stock prices and a slow rise in housing prices are helping households recover their net …
But Boston College's Center for Retirement Research says the recovery in housing and stock prices still leaves about 50 percent of American households at risk of being unable to maintain their standard of living in retirement. When they look into the …