Not exact matches
The firm argues that median
house prices should be no more than three times
larger than gross median household incomes to remain affordable, and to prevent
housing bubbles.
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.
Let's look at
large valuations over the last 30 years; the tech job
bubble with crazy bonuses, the tech startup valuation
bubble, the
housing bubble.
I don't think anyone, including Dean, would swear by those numbers, but I don't think there's much of a case that the
housing bubble was worse because it was a lot
larger.
-- Not because it was bigger: according to established
bubble - ologist Dean Baker, the 1990s dot.com
bubble was, if anything,
larger than the 2000s
housing bubbles: he has the former at $ 8 - $ 10 trillion of
bubble - induced wealth and the latter at $ 8 trillion.
the real estate industry's
largest lobby groups, Mortgage Professionals Canada, released a report last month analyzing the state of the country's
housing market, it found, to absolutely no one's surprise, zero evidence of a
bubble that would warrant political intervention.
When one of the real estate industry's
largest lobby groups, Mortgage Professionals Canada, released a report last month analyzing the state of the country's
housing market, it found, to absolutely no one's surprise, zero evidence of a
bubble that would warrant political intervention.
Chapman expects it will develop into a prolonged recession caused largely by the bursting of the
housing bubble and the weakness in the dollar attributable to the United States»
large federal budget deficit and international trade imbalance.
I won't take a
larger position at this time because I'm scared that increasing rates will pop the Toronto / Vancouver
housing bubble, which will in turn impact the banks.
This development is particularly troubling since the
housing bubble's height was stimulated in
large part by sub-prime lending to homeowners with marginal credit.
We are on the edge of a
bubble larger than the one we experienced less than a decade ago as
housing prices race back down to where it is affordable and sees demand from new buyers.
Saving parts of the economy from the popping of each asset price
bubble can leave, and make, the entire economy more prone to
larger and potentially more - damaging price
bubbles - such as the
housing price
bubble.
By and
large, Texas avoided the
housing bubble that recently burst over the rest of the United States.
Unfortunately, the UK was perhaps the most eager participant in this boom, with the most indebted households, the biggest
housing bubble, the most over-leveraged banks and the
largest budget deficit of them all.
When the bursting
housing bubble made it seem as if mortgage fraud perped by parties
larger than brokers, bank clerks, and appraisers might finally matter.
As your kids run around the
house in various stages of undress before bath time, pour
bubble bath into the tub and watch as the
bubbles grow
larger and
larger.
In Canada, home ownership is playing an increasingly
large role in determining how wealthy we are — thanks to our seemingly
bubble - proof
housing boom.
The collateralized debt obligation in particular enabled financial institutions to obtain investor funds to finance subprime and other lending, extending or increasing the
housing bubble and generating
large fees.
Most economists agree that the initial trigger of the crisis was the
housing bubble, driven by low interest rates moving the
housing prices higher, which peaked in early 2006 and starting to drop in 2006/2007, with the Case — Shiller home price index reporting its
largest price drop in its history on Dec 30, 2008.
The rise in Vancouver's average
housing prices compared with the growth in average wages, rents and other economic factors make it the most likely to experience a sudden downward correction compared with 17 other
large cities around the globe, according to the UBS Global Real Estate
Bubble Index released this week.
If 2007
bubble was the
largest bubble, what does it make the
house prices we have today?
Imitation was a
large part of the dot - com
bubble and the
housing bubble.
Moreover, the mortgages to which these resets will apply are primarily those originated late in the
housing bubble, at the highest prices, and therefore having the
largest probable loss.
These high - risk loans led to a
large number of new homebuyers, which drove up
housing prices, which led to people borrowing against their homes and eventually, the
housing «
bubble» would burst.
In other words, the U.S.
housing bubble was caused in
large part by the buildup of savings in emerging market economies, especially China, accumulated from their
large trade surpluses.
Isn't Canada Mortgage and
Housing the ultimate Canadian Institution as the gatekeeper with the largest gate who would or should discourage a housing
Housing the ultimate Canadian Institution as the gatekeeper with the
largest gate who would or should discourage a
housing housing bubble!
Home prices in 16 of the top 50
largest metropolitan areas — which contain one - third of the nation's
housing stock — have moved past
bubble - era peaks.
We really became landlords because our
house fell in value after the
housing bubble crash and we moved into a
larger home for our family and were able to get a foreclosure at a great price.
Olsen attributed the decrease in
large part to the easing of credit standards over the last few years, as well as a generally stronger set of applicants since the
housing bubble burst.