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The Housing Boom and Bust

Sowell, Thomas, 1930- Book - 2010 None on shelf No requests on this item Community Rating: 4 out of 5

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The economics of the housing boom -- The politics of the housing boom -- The housing bust -- Housing mystiques and housing mistakes -- The past and the future.
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 2010.
Year Published: 2010
Description: xi, 244 p. ; 24 cm.
Language: English
Format: Book

ISBN/STANDARD NUMBER
9780465019861
0465019862

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