Speech
Financial stability: the role of real estate values: remarks at the Asia-Pacific High Level Meeting on Banking Supervision, Bali, Indonesia, March 22, 2017
Abstract: Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader problems.
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Bibliographic Information
Provider: Federal Reserve Bank of Boston
Part of Series: Speech
Publication Date: 2017-03-22
Number: 115