The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
UCC08-11: Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is…
BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…