Housing recovery: blessing or curse?

Housing recovery: blessing or curse? - 1991 - Lloyds Bank Economic Bulletin (149) May 1991, 1-3(3) .

The housing market is analysed here, both for indicators of performance, and for the impact of its fluctuations on the wider economy. Its relationship with consumer spending and equity withdrawal is brought to notice, and comparisons are made of the two housing booms of 1973 and 1988.