| 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
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...
[PDF.zt58] Borrowing to Live: Consumer and Mortgage Credit Revisited (James A. Johnson Metro) Rating: 4.60 (528 Votes)
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