Sentences with phrase «as the housing bubble»

This IPO would value Facebook at as much as $ 100 billion, or more than three times as much as Google's 2004 IPO, which took place just as the housing bubble really got going.
America's population growth trends are reverting to pre-2000 patterns as the housing bubble and its aftermath recede.
As the housing bubble grew, we witnessed the creation of new strategies for mortgage qualification.
When significant growth is achieved, meanwhile — as in the United States between 2003 and 2007 — it comes from dangerous levels of borrowing that translate excess savings into unsustainable levels of investment (which in this case emerged as a housing bubble).
Remembering how Bush Boy Ben snoozed as the housing bubble and its derivative madness built to a Bernard Hermann crescendo.
Graphs were produced and borrowing habits analysed as the housing bubble popped, yet the crash was often presented as an overnight phenomenon.
For example, the book points out that the average FICO scores of sub-prime borrowers actually improved as the housing bubble grew.
That could be a big if as the housing bubble deflates.
Readily obtainable cash used by consumers from home equity extraction doubled from $ 627 billion in 2001 to $ 1,428 billion in 2005 as the housing bubble built, a total of nearly $ 5 trillion over the period.
Free cash used by consumers from home equity extraction doubled from $ 627 billion in 2001 to $ 1,428 billion in 2005 as the housing bubble built, a total of nearly $ 5 trillion over the period, contributing to economic growth worldwide.
As the housing bubble grew, we witnessed the creation of new strategies for mortgage qualification.
As the housing bubble inflated, the FICO scores of sub-prime borrowers actually improved substantially.
As the housing bubble was growing, many Americans with low credit scores were able to benefit from a variety of housing loans.
Lack of certainty does not mean a reduced rate of return as the housing bubble pre-2008 indicated certainty in the property and capital markets, but this was followed by the global financial crisis.
Three of the four condo projects Opus South built in Florida came on line right as the housing bubble burst in 2007, Hewett notes.
As bad as the housing bubble was, the one good thing that came out of it was that lenders across the country had to tighten up their processes regarding short sales.
It soon plunged as the housing bubble burst and the national economy crashed.
Losses of more than $ 50 billion on mortgages it insured as the housing bubble burst caused it to take a taxpayer subsidy of $ 1.7 billion last year, the first in its 80 - year history.

Not exact matches

In early 2004, as American house prices roared higher and there came dire warnings from some quarters about the existence of a bubble — accompanied, of course, by strident denials from banks, most economists and the mortgage and real estate industries — Ben Bernanke (then still a governor before he became Fed chairman) addressed the problem of what to tell the American people.
In January 2009, both The Wall Street Journal and Forbes cited Paul as one of the few who identified early on the formation of the housing bubble and the economic and financial market havoc that would ensue after the bubble inevitably burst.
The bears don't believe Genworth will be picking up the slack because «they too are subject to a parliamentary cap of $ 250 billion,» at least as stated in this article, «The under - the - radar changes that may soon deflate (or pop) the housing bubble
But the residential construction industry has remained sick since the bursting of the housing bubble in the late 2000s, even as home prices recovered.
As you can see, the gap between what the average Americans can afford and the median sales price is much larger than it had been prior to the housing bubble.
A report released last week by Swiss bank UBS singled out Vancouver as being at serious risk of a housing bubble.
Take the housing bubble, for example: The disconnect between average home prices and wage growth had become massive, despite the fact that the fundamental link between the two is as old as time.
But unlike America's latest housing market bubble, which saw the supply of new homes rise rapidly as investors banked on new mortgages, there is no increase in the supply of farmland.
At the same time, Burry, who made a fortune in last decade's financial crisis by betting that the housing bubble would burst, is also gaining a following north of Hollywood, as a Silicon Valley tech investor.
After the housing bubble popped a decade ago, Congress outlawed BPOs as the primary way to value a home for the purpose of getting a loan.
The share of those between the ages of 25 and 34 who were employed in September was 75 % — the same as September of last year and below levels seen before the housing bubble started inflating job numbers.
The housing market, with a few local exceptions, has plenty of room to grow without wading into bubble territory, but real estate rallies, as we know know well, can't last forever.
The Congressional Budget Office defines asset bubbles as: «An economic development in which the price of a class of physical or financial assets (such as houses or securities) rises to a level that appears to be unsustainable and well above the assets» value as determined by economic fundamentals.
As I note below, the housing bubble and its wealth effect offset this dynamic in the 2000s.
The bubbling interest comes as regulators grow increasingly worried about debt levels and the capacity of ordinary households to pay back big loans on expensive houses.
He proposed this idea — allowing homeowners facing foreclosure to stay in their homes as renters — way back at the beginning of the end of the housing bubble.
In the mad scramble for loan creation during the final phase of the Housing Bubble, the government created an environment of essentially free money by allowing the big agencies, Fannie Mae and Freddie Mac (or Phony and Fraudie, as I often affectionately refer to them), to securitize loans to the bottom of the barrel risks with crazy terms like no money down and incredibly low «teaser» interest rates.
To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never - seen - before levels, and created a plague -LSB-...]
At Berkshire Hathaway's recent annual shareholders meeting, an investor asked Buffett about the relevance of two popular measures of stock market value: 1) market cap - to - GDP, which Buffett once heralded as «probably the best single measure of where valuations stand at any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubble.
The CLC wants Canada Mortgage and Housing to re-finance distressed Canadian home mortgages at lower rates, dismissing the view that Canada is not experiencing a housing bubble as Housing to re-finance distressed Canadian home mortgages at lower rates, dismissing the view that Canada is not experiencing a housing bubble as housing bubble as a myth.
Appointed in early 2008 just as the US housing bubble was popping, Carney took the helm in time for a financial crisis that brought the global economy to its knees.
This housing market is unfolding in an eerily similar manner as the mid-2000's bubble.
Think of it as a homeowner who borrows based on the inflated value of a home: When this «carbon bubble» bursts — for example, when governments finally enact policies to restrict or penalize the burning of carbon — the devaluation of fossil fuel reserves may be even worse than the housing bubble that sent shock waves down Wall Street five years ago.
According to (pretty outdated) CBO data on this question, that is in fact what happened, but as I and others (particularly Krugman) has endlessly stressed, our policy makers recently pivoted way too quickly to deficit reduction and that too has made it much harder to repair the damage from the housing bubble.
Here's a discussion of a paper, «Regulating Against Bubbles: How Mortgage Regulation Can Keep Main Street and Wall Street Safe - From Themselves,» by Ryan Bubb and Prasad Krishnamurthy (disclosure: my law school classmates), that sort of takes the idea of a housing bubble seriously as a bubble.
As local population patterns look more like the pre-bubble period, with accelerating growth in the suburbs and the Sunbelt, it becomes clearer that some of the population shifts during the housing bubble and bust were temporary and reflected the extreme housing cycle.
As was the case during the tech bubble and the housing bubble, disagreement is what makes markets, and we respect that others have different views.
[6] A Danish finance minister has even warned Sweden of the risks of its housing bubble, saying, «Do not make the same mistake as we did in Denmark,» [7] referring to the Danish property bubble that has been deflating since 2008.
Real estate investments haven't performed so well over the last couple years, as the bursting of the housing bubble really hurt the market and impacted many lives in a negative way.
[5] Robert Shiller, the economist who successfully predicted the popping of the Dot - com and U.S. housing bubbles, warned investors against treating Sweden and Norway's markets as safe - havens as the Nordic region is caught up in asset bubbles that will end with plunging asset prices.
The move comes just days after the chancellor admitted in his Mansion House speech that more UK housing needed to be built, as well a shake - up in planning rules, plus other measures to help prevent a housing bubble developing.
Only this time around its only a «price» bubbleas opposed to a price and volume bubble like housing bubble 1.0.
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