Letter: Must Homeowners Lose Wealth When House Prices Fall?

Eric B. Rasmusen, Kelley School of Business, Indiana University

Summary

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

Recommended Citation

Rasmusen, Eric B. (2006) "Letter: Must Homeowners Lose Wealth When House Prices Fall?," The Economists' Voice: Vol. 3 : Iss. 4, Article 8.
Available at: http://www.bepress.com/ev/vol3/iss4/art8

 
 
 
 

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