Are Housing Prices, Household Debt, and Growth Sustainable? |
Common terms and phrases
AJIT ZACHARIAS Alan Greenspan Annandale-on-Hudson annual growth rate ASENA CANER Association of Realtors Bard College billion Bubble cash-out refinancing Center for Housing CLAUDIO H Congressional Budget Office Current Account Balance Debt to Disposable Debt-Service Ratio debt-to-income ratio DIMITRI Disposable Income drop in house EDWARD N EVANSTON Federal Reserve Flow finance their homes Flow of Funds Freddie Mac GENNARO ZEZZA Greenspan homeowners house price appreciation household borrowing Household Debt household equity household real estate household sector Housing Studies increased Institute of Bard interest-only Interest-only loans Joint Center levels Levy Economics Institute loans low interest rates median mortgages National Association Nominal Interest Rates NORTHWESTERN UNIVERSITY LIBRARY PAPADIMITRIOU payment obligations percent of GDP Policy position of households price-to-earning ratio price-to-rent ratio private expenditure quarter of 2005 real home prices recent rental renters SANTOS Shaikh shown in Figure simulation period Strategic Analysis Symbiosis third quarter trends trillion U.S. Economy vacancy rates WOLFF WYNNE GODLEY