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Federal Reserve Bank of St. Louis
The Regional Economist
A closer look at house price indexes
Bryan J. Noeth
Rajdeep Sengupta

At least early in the financial crisis, the high rate of foreclosures seemed to be due more to households' overreaching than to predatory lending. A disproportionate number of those being foreclosed on were well-educated, well-off and relatively young people.

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Bryan J. Noeth & Rajdeep Sengupta, "A closer look at house price indexes" , Federal Reserve Bank of St. Louis, The Regional Economist, issue July, pages 16-17, 2011.
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Keywords: Housing - Prices
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