Housing and Systemic Risk

“Single family housing is looking modestly expensive from an affordability perspective, as home prices have generally grown faster than median incomes during the recovery. Similarly, the value of apartment buildings has grown very quickly even compared to the rapid rise in rents in many areas”, says Richard Koss (Global Housing Watch Initiative) in his recent presentation to the Risk Management Association.

Posted by at 1:23 AM

Labels: Global Housing Watch


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