Journal Article
Big Federal Stimulus, Home-Value Spike Won’t Ease Next Slump
Abstract: Historically large federal transfers coupled with rapid home-price appreciation bolstered state and local revenue in Texas, softening the economic impact of COVID-19 on vulnerable populations. Ultra-low interest rates and a historic housing boom that aided state and local government operations are fading, suggesting Texas policymakers may encounter additional difficulties during the next downturn.
Keywords: Texas; Revenue; Home prices; economic impacts;
Access Documents
File(s):
File format is text/html
https://www.dallasfed.org/research/swe/2022/swe2203/swe2203g.aspx
Description: Article
File(s):
File format is text/html
https://www.dallasfed.org/research/swe/2022/swe2203.aspx
Description: Complete issue
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2022
Issue: Third Quarter