The Housing Boom and Bust

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Scary headlines and scarier figures tell the storyline of a financial meltdown on a scale not seen in decades—certainly not within the lifetime of most Americans. Moreover, this is an internationally financial crisis. Financial institutions on both factors of the Atlantic have either collapsed or have been preserved from collapse by federal government bailouts, therefore of buying securities predicated on American housing principles that eroded or evaporated.

Now completely modified in paperback, The Housing Growth and Bust was created to unravel the tangled threads of this story. In addition, it attempts to find out whether what is being done to cope with the condition is much more likely to make things better or worse.


Category: Economic Policy

Details

Publisher

Blackstone Audio, Inc.

Language

English

ISBN

DATE

2009-05

Author

Thomas Sowell

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