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.S. household leverage from 2002 to 2006 and the increase in defaults from 2006 to 2008. Employing land topology-based housing …
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increase in home equity by existing homeowners is responsible for a significant fraction of both the rise in U.S. household … 2008. Our conservative estimates suggest that home equity-based borrowing added $1.25 trillion in household debt, and …
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.S. household leverage from 2002 to 2006 and the increase in defaults from 2006 to 2008. Employing land topology-based housing …
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