Why Real Estate Matters

First, there’s the obvious reason: It’s the sheer scale. The total value of the US residential market hovers around $20 trillion. There simply isn’t anything close to it (add up all the cars in the US—maybe 250 million—and give each an average value of $10,000 (8+ years median age), and you only get about $2.5 … Continued

GBR Fall 2008 now online!

Read about: What Happened to the U.S. Housing Market? As the U.S. financial system struggles to regain stability, Peggy Crawford, PhD, and Terri Young, PhD, examine the role that subprime mortgages and the fall of Fannie and Freddie played in the crisis. Peggy Crawford, PhD, and Terri Young, PhD U.S. Could Adopt International Financial Reporting … Continued