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Tag: Housing Bubble
Fewer Americans are borrowing against their homes after getting nailed in the financial crisis — and it’s hurting banks
Home equity lines of credit are much less common today than a decade ago, with only 4% of Americans getting cash with their homes as collateral.
The risk of a housing bubble within the eurozone in particular has risen in recent years due to low interest rates, according to UBS.
There are housing affordability crises in many more cities because housing costs have risen faster than incomes, according to UBS' 2018 Global Real Estate Bubble Index. Policymakers will need to step in, but the appropriate response could be challenging to nail down.
Many homeowners who bought at the market top would sell at a loss today.
Homeowners in Toronto face the biggest risk worldwide of seeing their property values collapse.
Vancouver's housing market is more likely to be in a bubble than any other major city in the world.
Since the housing bubble, some housing markets have been able to bounce back, but others have not been quite as lucky.
Reseachers at the San Francisco Fed think the current housing market doesn't look like a repeat of the bubble that triggered the last recession.
"There’s going to be a crash in prices in the next few years."