Date: June 26th, 2007

The Bank of Family: Part 1

26 June, 2007 (09:45) | Finance, Markets | No comments

Even as housing incubates families, and housing incubates household formation (and growth), the converse is likewise true: families incubate housing consumption.
 

Families hatching soon

Nowhere is this more evident than when young people seeking to grow their family and housing consumption confront the double hurdles of down payment and mortgage payment. In a chain [...]