The recent global crisis highlighted the risks stemming from real estate booms. This has generated a growing literature trying to better understand the sources
The recent global crisis highlighted the risks stemming from real estate booms. This has generated a growing literature trying to better understand the sources
The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under
"Evaluates the options open to policymakers as they reassess the federal government's role in the U.S. residential mortgage market and consider a new system tha
Explains the financial history leading to the mortgage meltdown and assesses today's housing finance systems in the United States and abroad.
