Home Is Where The Risk Is

Opinion

For many, buying a home is the single largest purchase they will ever make-and the single largest investment, since they expect house prices to outperform all other investments. Indeed, the housing market is a key indicator of overall economic health. Hence, a housing market collapse takes a heavy toll on any economy.

According to Standard & Poor's, in 2006, Americans cashed out or borrowed $650 billion against the value of their homes, encouraging consumers to live beyond their means. By 2008

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options