Housing Boom and Bust
Subtitle: Revised Edition
Publisher: Basic Books
Published: 2010
Language: eng
Number of pages: 256
ISBN-13: 9780465019861
Subjects: Financial crises; Housing, united states; Mortgage loans
Description: 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.