“I don’t look at plummeting house prices as a first order risk, but if it were to happen, it only becomes a financial stability risk if you’ve got too much leverage against it,” Barkin told the Wilmington Chamber of Commerce in a virtual event.
“That’s what I watch is the leverage in the housing market and again, based on what I can tell, I don’t see it going to excess levels yet; that of course is something we are going to have to watch as we get into this.”
