World News Insights
1-3 Minute Gist

All Topics Article

U.S. Banks Move Away From Home

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Real estate linked assets of banks have declined from 48.6% in 2006 to 38.6% in 2014, a level seen in 1987. This is a result of the 2008 financial crisis and the bad experience with real estate investments. This is also a healthy development for the U.S. economy because real estate speculation led to the financial crisis of 2008-2009, creating high unemployment and stagnation in wage growth.

Changes in the banking industry's connections with real estate 2006-2015: Real estate linked share of bank assets declines to 38.6% in 2014 compared to 48.6% in 2006

06/09/2014

Of the 38% only 12% are home loans in 2014. Bank earnings from real estate are discounted by the market after the bad experience of the 2008 financial crisis. The level of 38% was last seen in 1987.

Grouped Articles

U.S. Banks Move Away From Home

Wall Street Journal 06/09/2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us