Conventional wisdom held that housing prices couldn't fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to climb and crash.
Housing and the Financial Crisis looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of the boom and bust, including the availability of credit, the perceived risk reduction due to the securitization of mortgages, and the increase in lending from foreign sources. Finally, it examines a range of policies that might address some of the sources of recent instability.

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Yes, you can access Housing and the Financial Crisis by Edward L. Glaeser, Todd Sinai, Edward L. Glaeser,Todd Sinai in PDF and/or ePUB format, as well as other popular books in Negocios y empresa & Negocios en general. We have over one million books available in our catalogue for you to explore.

Information

Publisher

University of Chicago Press

Year

2013

ISBN

9780226030616

Topic

Negocios y empresa

Subtopic

Negocios en general

Cover
Copyright
Title Page
Series Page
National Bureau of Economic Research
Relation of the Directors to the Work and Publications of the National Bureau of Economic Research
Contents
Preface
Postmortem for a Housing Crash
1. House Price Moments in Boom-Bust Cycles
2. The Supply Side of the Housing Boom and Bust of the 2000s
3. A Spatial Look at Housing Boom and Bust Cycles
4. Mortgage Financing in the Housing Boom and Bust
5. A New Look at Second Liens
6. International Capital Flows and House Prices: Theory and Evidence
7. Can Cheap Credit Explain the Housing Boom?
8. The Future of the Government-Sponsored Enterprises: The Role for Government in the US Mortgage Market
Notes
Contributors
Author Index
Subject Index