| Description |
1 online resource (ix, 431 pages) : illustrations |
| Series |
National Bureau of Economic Research conference report |
|
National Bureau of Economic Research conference report.
|
| Contents |
Post-Mortem for a Housing Crash / Edward L. Glaeser and Todd Sinai -- House Price Moments in Boom-Bust Cycles / Todd Sinai -- The Supply Side of the Housing Boom and Bust of the 2000s / Andrew Haughwout, Richard W. Peach, John Sporn, and Joseph Tracy -- A Spatial Look at Housing Boom and Bust Cycles / David Genesove and Lu Han -- Mortgage Financing in the Housing Boom and Bust / Benjamin J. Keys, Tomasz Piskorski, Amit Seru, and Vikrant Vig -- A New Look at Second Liens / Donghoon Lee, Christopher Mayer, and Joseph Tracy -- International Capital Flows and House Prices: Theory and Evidence / Jack Favilukis, David Kohn, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh -- Can Cheap Credit Explain the Housing Boom? / Edward L. Glaeser, Joshua D. Gottlieb, and Joseph Gyourko -- The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market / Dwight Jaffee and John M. Quigley |
| Summary |
"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."--Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Housing -- United States -- Finance -- Congresses
|
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Financial crises -- United States -- History -- 21st century -- Congresses
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Global Financial Crisis, 2008-2009 -- Congresses
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BUSINESS & ECONOMICS -- Finance.
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Financial crises
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Housing -- Finance
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United States
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| Genre/Form |
Conference papers and proceedings
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|
History
|
| Form |
Electronic book
|
| Author |
Glaeser, Edward L. (Edward Ludwig), 1967-
|
|
Sinai, Todd M. (Todd Michael)
|
| ISBN |
9780226030616 |
|
022603061X |
|
9781299784536 |
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1299784534 |
|
