“Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.” WayMadeHardProblemTodayEasyMillionsEconomyCreatingFinancialCreditBubblesContrastHousingLoanCalamityMortgageRecessionsGreat RecessionHousing MarketHousing Bubble Author:Mark Zandi
“One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.” WayValuesLinesCommonJudgingFundamentalsHousingRatiosDividends Author:Janet Yellen