The Great American Housing Bubble

The Great American Housing Bubble

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This meticulously documented work sets forth the major causes of the greatest asset bubble in world economic historya€”the American housing bubble, which began in 1940 and collapsed in 2007. * Extracts from major legislationa€”federal, state, and locala€”that promoted the creation of the housing bubble * An introductory essay illuminating the broad features of Western capitalism and the financial and government institutions that have evolved to promote and regulate it, notably in the United States * A detailed chronology orienting readers to the sequence and context of events * A glossary of important financial and regulatory terms and terms used by those in the housing industry * An appendix of governmental agencies and private institutions and think tanks involved in various aspects of the financial crisis * A bibliography listing hundreds of sources, from articles and periodicals to books and treatises... lender or bank. As time went on, mortgages became more prominent and involved a complex number of factors. ... In the 1800s, when an individual purchased a home, a bank would lend money directly to the new homeowner. There was noanbsp;...

Title:The Great American Housing Bubble
Author: Robert M. Hardaway
Publisher:ABC-CLIO - 2011

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