Letter: Must Homeowners Lose Wealth When House Prices Fall

2006, The Economists' Voice

Eric Bennett Rasmusen

Abstract

Paradoxically, Eric Bennett Rasmusen argues that a fall in house prices might actually raise the wealth of homeowners.

Citation

Rasmusen, Eric Bennett (2006), "Letter: Must Homeowners Lose Wealth When House Prices Fall?," The Economists' Voice: Vol. 3 : Iss. 4.