Sentences with phrase «change in their housing wealth»

Atif Mian and others, writing in the Quarterly Journal of Economics, identified the reasons behind a decline in household spending because of changes in housing wealth.

In contrast, the average owner in Louisiana had little change in their housing wealth during 2017, given much lower prices and modest price growth.»

Not exact matches

One of the most vivid illustrations of the difference wealth makes in anticipating the changes under way in a warming world was the statement of Anne van der Molen in the Netherlands, who lives in a $ 420,000 amphibious house in a river floodplain.

These changes in market structure to favor the few were accomplished by various means: lack of oversight leading to concentration of market power through mergers and acquisitions, outright government subsidies to industry in various forms, including explicit subsidies to the equities and housing markets (among others) by the Federal Reserve to create a trickle down «wealth effect» in those markets, changes in the tax structure which increase the concentration of wealth, etc..

Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle - class wealth accumulation and hurt economic growth.