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 beco
The recent collapse of the mortgage market revealed fractures in the credit market that have deep roots in the system's structure, conduct, and regulation. The time has come for a clear-eyed assessmen
A Brookings Institution Press and Harvard University Joint Center for Housing Studies publicationPoor people spend their money living day to day. How can they accumulate wealth? In the United States,
The ups and downs in housing markets over the past two decades are without precedent, and the costs ?financial, psychological, and social ?have been enormous. Yet Americans overwhelmingly still aspire
Rental housing is increasingly recognized as a vital housing option in the United States. Government policies and programs continue to grapple with problematic issues, however, including affordability
