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Global Housing Markets (Crises, Policies, and Institutions) by Bardhan, Ashok; Edelstein, Robert H.; Kroll, Cynthia A. is a scholarly article available to read on EtoBox.

What is Global Housing Markets (Crises, Policies, and Institutions) about?

"A global look at the reasons behind the recent economic collapse, and the responses to it: The speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences. Reveals the housing crisis in the United States as the core of the melt

Author

Bardhan, Ashok; Edelstein, Robert H.; Kroll, Cynthia A.

Publisher

John Wiley & Sons, Incorporated

Published

2012

Language

EN

ISBN

9781283294782