Google
Current tag: home equity
The Link Between Housing, Spending and Wealth
Written on:January 19, 2012
0

News that the Federal Reserve is considering a new $1 trillion round of quantitative easing is being accompanied by new data showing the ratio between home equity and disposal income is at a historic low. This unprecedented ratio is all important in a credit society since it demonstrates that expansion possibilities are limited to non-existent if American consumers cannot borrow.
Read more...In category: Investing
Tags:capitalism , consumption , home equity , wealth destruction , wealth re-creation
Tags:capitalism , consumption , home equity , wealth destruction , wealth re-creation