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Federal Reserve Bank of Boston
Speech
Financial stability: the role of real estate values: remarks at the Asia-Pacific High Level Meeting on Banking Supervision, Bali, Indonesia, March 22, 2017
Eric S. Rosengren
Abstract

Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader problems.


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Eric S. Rosengren, Financial stability: the role of real estate values: remarks at the Asia-Pacific High Level Meeting on Banking Supervision, Bali, Indonesia, March 22, 2017, Federal Reserve Bank of Boston, Speech 115, 22 Mar 2017.
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