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…
Daniel McCue, Eric Belsky, Melissa Jacoby, Margaret Nipson
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April 5, 2010
Homeowners have long sought debt relief in the federal bankruptcy courts, but they take different paths to reach that point. For some, home mortgage problems are a…
BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…