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The Housing Boom and Bust

Sowell, Thomas, 1930- Book - 2009 None on shelf No requests on this item Community Rating: 3 out of 5

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Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.

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PUBLISHED
New York : Basic Books, 2009.
Year Published: 2009
Description: vii, 184 p. ; 25 cm.
Language: English
Format: Book

ISBN/STANDARD NUMBER
9780465018802
0465018807

SUBJECTS
Housing -- Prices.
Secondary mortgage market.
Subprime mortgage loans.
Financial crises.