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House prices and bank loan performance

Author

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  • John Krainer

Abstract

This Letter discusses the strong link between house price depreciation and defaults on loans for residential mortgages as well as for land development and construction.

Suggested Citation

  • John Krainer, 2009. "House prices and bank loan performance," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue feb6.
    • Handle: RePEc:fip:fedfel:y:2009:i:feb6:n:2009-06
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    File URL: http://www.frbsf.org/publications/economics/letter/2009/el2009-06.pdf
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    File URL: http://www.frbsf.org/publications/economics/letter/2009/el2009-06.html
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    References listed on IDEAS

    as
    1. Davis, Morris A. & Heathcote, Jonathan, 2007. "The price and quantity of residential land in the United States," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2595-2620, November.
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    Cited by:

    1. Berger, Allen N. & Bouwman, Christa H.S., 2013. "How does capital affect bank performance during financial crises?," Journal of Financial Economics, Elsevier, vol. 109(1), pages 146-176.
    2. Glancy, David, 2021. "Housing bust, bank lending & employment: Evidence from multimarket banks," Journal of Banking & Finance, Elsevier, vol. 127(C).

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    Keywords

    Housing - Prices; Bank loans;

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