Borrowing to Live: Consumer and Mortgage Credit Revisited
(Paperback)
Publishing Details
Borrowing to Live: Consumer and Mortgage Credit Revisited
By (Author) Nicolas P. Retsinas
Edited by Eric S. Belsky
Bloomsbury Publishing PLC
Brookings Institution
2nd December 2008
United States
Classifications
Professional and Scholarly
Non Fiction
Political economy
332.70973
Physical Properties
Paperback
289
Width 155mm, Height 234mm, Spine 21mm
440g
Description
"
Americans are awash in debt, and the U.S. economy is in trouble. Credit undergirds daily life more than everit has become one of the defining aspects of American life, and the ramifications are becoming clearer by the day. The already considerable damage from a depressed housing market has been exacerbated by the subprime lender implosion, sending shock waves through the financial sector, international economies, and government at all levels. Most low- or moderate-income people borrow, but that should not be construed as uniformly poor judgment or lack of disciplinesAmericans are not borrowing merely to keep up with the Joneses, but too often simply to stay afloat.
In Borrowing to Live, the Joint Center for Housing Studies of Harvard University brings together a group of experts drawn from the best of academia, research, and public services. Together with editors Nicolas Retsinas and Eric Belsky, they dissect the worrisome current state of consumer and mortgage credit in the United States and help point the way out of the current struggles.
Contributors: Michael S. Barr, Eric S. Belsky, Raphael W. Bostic, Shawn Cole, Amy Crews Cutts, Kathleen C. Engel, Ren S. Essene, Elaine Kempson, Patricia A. McCoy, William A. Merrill, Sendhil Mullainathan, Anthony Pennington-Cross, Elizabeth Renuart, Eldar Shafir, Edna R. Sawady, Jennifer Tescher, John Thompson, Peter Tufano, Susan M. Wachter
"Reviews
Author Bio
Nicolas P. Retsinas is director of Harvard University's Joint Center for Housing Studies and a member of the faculty of the Graduate School of Design, the Harvard Kennedy School, and the Harvard Business School.Eric S. Belsky is executive director of the Joint Center for Housing Studies and a member of the faculty of the Graduate School of Design. Together they have edited three previous Brookings/JCHS books: Low-Income Homeownership (2002), Building Assets, Building Credit (2005), and Revisiting Rental Housing (2008).
