«It's more a test of peoples» mindset: How important do you feel about
your house as a financial asset.
Not exact matches
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.
And
as the Great Recession showed,
houses can be a risky
financial asset.
In a written petition sent to the
House Committee on Ethics dated Feb. 5, Colorado
House Representative Jared Polis argued that, because cryptocurrency
assets are regarded
as commodities by several agencies, Congress members should follow the same
financial disclosure requirement
as for traditional
assets.
And for Property we have our
house, though I suppose I should argue that it's the value of the surplus
house above our acceptable minimum that we should view
as a
financial asset.
Asset - backed securities are bonds or notes backed by
financial assets such
as non-mortgage loans including credit card receivables, auto loans, manufactured -
housing contracts, and home - equity loans.
Richard: Great insight
as always, and last time we talked about the commercial real estate bubble and we thought today we'd do a special focus on the millennial generation and how
financial repression through repressed interest rates and quantitative easing has resulted in
asset bubbles that ultimately have affected the millennial generation in terms of their values, how they look at the economy and life and the way they're conducting themselves in the economy: what they're facing in terms of the
housing market and the job situation.
Moales has been saddled with significant legal and
financial troubles and has been facing a foreclosure lawsuit that seeks to take his church and all of its properties and
assets including the
house in which Moales lives,
as well
as, his Cadillac Escalade and Mercedes Benz.
In her testimony to the
House Financial Services Committee on Tuesday, Fed Chairwoman Janet Yellen commented that with interest rates near zero the Fed must rely on such less traditional tools of monetary policy
as forward guidance and
asset purchases.
Though we have difficulties at present from the
housing overhang, and the unwind of
financial leverage, there will be continuing difficulties over the next two decades
as assets must be liquidated and taxes raised to support the promises of Medicare, and to a lesser extent, Social Security.
Institutions or organizations such
as banks, insurance companies, mutual fund
houses, etc in the
financial or real
assets of a country comprise DII.
As it stands presently, the incremental liquidity that the Fed is producing is going into
housing and
financial assets.
If you are someone who has a large
asset such
as a
house, then your exposure to
financial risk is much greater than someone who rents their current residence.
People with
assets to lose in the event of a lawsuit, such
as a
house or
financial portfolio, should consider a supplemental umbrella liability policy.
And we'd remove the tax advantages that private landlords now enjoy — so we'd rebalance our
housing supply so that homes are regarded
as primarily secure, affordable places to live, rather than
financial assets.»
During this emotional time, it can be difficult to think about our
financial assets, such
as our
house or retirement accounts.