Household debt among older Americans approaching retirement has increased dramatically over the past couple of decades … household survey data to examine how late life debt affects retirement decisions, we find that more indebted older adults are …

financial consumer protection aimed at slowing down the growth of the mortgage market by introducing new recommendations to … restrict LTV limits and other indicators. Households are taking advantage of the availability of mortgage loans in an … systemic risk caused by the developing gap between the growth of household indebtedness and the growth in real estate prices …

household net worth coming from elevated household debt and the collapse in house prices play an underappreciated role. Using … highlight the increasing body of macroeconomic evidence on the link between household debt and business cycles. Our main … conclusion is that housing and household debt should play a larger role in models exploring the importance of household …