• Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even in a strong economy, unforeseen life events and risks in local real estate markets make highly leveraged borrowers vulnerable.

  Ben Bernanke
  American economist
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Subjects in these quotes:

1. unaffordable
2. unforeseen
3. vulnerable
4. moreover
5. economy
6. markets

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Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even in a strong economy, unforeseen life events and risks in local real estate markets make highly leveraged borrowers vulnerable. by : Ben Bernanke

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