Product Details
ModuleRebuilding Home Wealth
Abstract
This module lays out how the new housing bill passed by Congress will take big steps toward rebuilding homeownership wealth.
Description
For Americans, the family home is the single greatest investment and source of wealth, but the housing crisis has caused the average homeowner to lose more than $21,000 in home equity. The drop in the housing market is bringing down the economy as households cut back on household spending. This module lays out how the new housing bill will help rebuild homeownership wealth, and the next step for Congress is to build on the measures to restore long-term confidence in the housing market.