Borrowing to Live

Borrowing to Live
By:Nicolas P. Retsinas,Eric S. Belsky
Published on 2009-10-01 by Brookings Institution Press

Americans are awash in debt, and the U.S. economy is in trouble. Credit undergirds daily life more than ever—it 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 disciplines—Americans 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

This Book was ranked at 19 by Google Books for keyword Mortgage.

Book ID of Borrowing to Live's Books is Ksmm152GtLUC, Book which was written byNicolas P. Retsinas,Eric S. Belskyhave ETAG "FTKyIKhxrv8"

Book which was published by Brookings Institution Press since 2009-10-01 have ISBNs, ISBN 13 Code is 9780815701729 and ISBN 10 Code is 0815701721

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