Housing price declines and household balance sheets

Randall Olsen and Lucia Dunn ()

Economics Letters, 2010, vol. 107, issue 2, 161-164

Abstract: Data from a new national household survey quantify recent changes in household balance sheets and estimate the likely losses on home mortgages through June 2009. We find a fairly small fraction of high loan-to-value mortgages are at risk of default.

Keywords: Housing; market; Survey; data; Mortgage; Net; worth (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:2:p:161-164

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