Life in the Bubble: House Prices and Net Worth

By: Max Fraad Wolff

Thank you for all the great comments on the last post. I hope you find this second installment in the series valuable. It starts slowly but, it is my hope you will find it worth the slog. I start by laying out the household balance sheet and look at how that is in play- at risk. The roles of housing prices, debt and market conditions are explored below.

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