Financial stability: the role of real estate values: remarks at the Asia-Pacific High Level Meeting on Banking Supervision, Bali, Indonesia, March 22, 2017

Eric Rosengren ()

No 115, Speech from Federal Reserve Bank of Boston

Abstract: Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader problems.

Pages: 11 pages
Date: 2017-03-22
New Economics Papers: this item is included in nep-ban and nep-ure
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