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According to the report, which calls for government action to prevent the worsening of a largely hidden crisis, the problem is worse for men than women.
At the onset of the foreclosure crisis, the problem was regarded by some as one of a homeowner's own making, the result of irresponsible decisions made by families who chose to live beyond their means.
Just like the banking crisis, the problem of botched urban development has long been encouraged by a system that is open to exploitation and all too susceptible to careless regulation.
Those who insure against fire and theft can set premiums on the basis of decades of experience; financial markets are inherently less predictable.In the latest crisis, the problem was that investors erroneously believed property prices were quite predictable and built a whole edifice of derivatives on the back of the American housing market.
Glen says rented housing makes sense, both to encourage workforce mobility and to promote long-term affordability whereas making home ownership more affordable makes no "long-term dent" in the housing crisis "The problem is if you don't do affordable housing as rental housing by definition you're going to lose that unit unless you have incredibly aggressive enforcement on resale.
As for the credit crisis, the problem is not a lack of liquidity but fear.
Similar(54)
Despite the government fiscal crisis, the problems at Refuge do not appear to be entirely financial.
"Every single article you read about the refugee crisis, the problems are so complex and complicated," he said.
In California, consumers have had even longer to get used to the crisis (the problems with power emerged last year).
We end up talking about Derry's high unemployment, the economic crisis, the problems people face here.
Our food industry is in crisis; the problems we're facing need to be resolved, and fast.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com