The Great American Housing Bubble

What Went Wrong and How We Can Protect Ourselves in the Future

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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

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