Journal Article

Housing's great fall: putting household balance sheets together again


Abstract: The simplest way to avoid another devastating housing crash and foreclosure crisis probably is to reduce household borrowing and, then, to keep it low.

Keywords: Consumer credit; Foreclosure;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2009

Issue: Oct

Pages: 14-15