Journal Article

Life cycle patterns and boom-bust dynamics in U.S. housing prices

Abstract: Home equity did not increase much for households younger than 35 years of age between 1998 and 2007 because the increase in house prices was offset by an equivalent increase in mortgage debt.

Keywords: Housing - Prices; Debt; Mortgages;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2013

Order Number: 9