The Housing Crisis

What Happened and Why?

Business & Finance, Finance & Investing, Finance
Cover of the book The Housing Crisis by Franklin Allen, Glenn Yago, Pearson Education
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Author: Franklin Allen, Glenn Yago ISBN: 9780132478892
Publisher: Pearson Education Publication: July 14, 2010
Imprint: FT Press Language: English
Author: Franklin Allen, Glenn Yago
ISBN: 9780132478892
Publisher: Pearson Education
Publication: July 14, 2010
Imprint: FT Press
Language: English

This is the eBook version of the printed book.

This Element is an excerpt from Financing the Future: Market-Based Innovations for Growth (9780137011278) by Franklin Allen and Glenn Yago. Available in print and digital formats.

 

How the housing bubble really happened: an explanation that’s simple, clear, sensible, authoritative, and short!

 

The genesis of the housing bubble emerged from the ashes of the dot-com bust. To alleviate the downturn, the Federal Reserve drastically reduced interest rates, and the era of easy credit was under way. Other nations with massive foreign reserves were drawn to invest in the U.S., and, with Treasuries offering only meager returns, they began to eye mortgage-backed securities as a “safe” vehicle offering higher yields....

 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is the eBook version of the printed book.

This Element is an excerpt from Financing the Future: Market-Based Innovations for Growth (9780137011278) by Franklin Allen and Glenn Yago. Available in print and digital formats.

 

How the housing bubble really happened: an explanation that’s simple, clear, sensible, authoritative, and short!

 

The genesis of the housing bubble emerged from the ashes of the dot-com bust. To alleviate the downturn, the Federal Reserve drastically reduced interest rates, and the era of easy credit was under way. Other nations with massive foreign reserves were drawn to invest in the U.S., and, with Treasuries offering only meager returns, they began to eye mortgage-backed securities as a “safe” vehicle offering higher yields....

 

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