Partners Community and Economic Development (Federal Reserve Bank of Atlanta), Vol. 17, No. 2
2 Pages Posted: 7 Nov 2011
Date Written: 2007
Traditional wisdom on financial security has included safeguards against risk associated with one’s home. With the collapse of the real estate market, this wisdom has proven both its truth and the painful effects of ignoring it. This brief article summarizes the practical applications of conservative home ownership financing, one of the keys to long term financial stability.
Keywords: Real Estate, Finance collapse, Foreclosure, financial stability
Suggested Citation: Suggested Citation
Alexander, Frank S., Don't Bet the House (2007). Partners Community and Economic Development (Federal Reserve Bank of Atlanta), Vol. 17, No. 2. Available at SSRN: https://ssrn.com/abstract=1955609