Housing Bust Meets the Equity-Withdrawal Blues
While the subprime and exotic mortgage fallout has been grabbing recent housing headlines, another potential story for 2007 may be in the wings: as Americans withdraw less equity from their homes will it mean a big or little hit for growth and consumer spending?
Print
Email
Read more here.
This article was originally published in Bloomberg.
To speak with our experts on this topic, please contact:
Print: Katie Peters (economy, education, and health care)
202.741.6285 or kpeters@americanprogress.org
Print: Christina DiPasquale (foreign policy and security, energy)
202.481.8181 or cdipasquale@americanprogress.org
Print: Laura Pereyra (ethnic media, immigration)
202.741.6258 or lpereyra@americanprogress.org
Radio: Anne Shoup
202.481.7146 or ashoup@americanprogress.org
TV: Lindsay Hamilton
202.483.2675 or lhamilton@americanprogress.org
Web: Andrea Peterson
202.481.8119 or apeterson@americanprogress.org