The Great American Housing Bubble
What Went Wrong and How We Can Protect Ourselves in the Future
Adam Levitin and Susan Wachter argue that the housing bubble of the 2000s was caused by private-label securitization. Competition among Wall Street banks set off a race to the bottom in mortgage underwriting that inflated home prices but yielded huge profits before the bubble burst. To avoid déjà vu, w¬e need carefully regulated securitization.
Specificaties
ISBN/EAN | 9780674979659 |
Auteur | Adam J. Levitin |
Uitgever | Van Ditmar Boekenimport B.V. |
Taal | Engels |
Uitvoering | Gebonden in harde band |
Pagina's | 400 |
Lengte | 242.0 mm |
Breedte | 168.0 mm |