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International lessons for US housing finance

✍ Scribed by Michael Ehrlich; Asokan Anandarajan


Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
188 KB
Volume
22
Category
Article
ISSN
1044-8136

No coin nor oath required. For personal study only.

✦ Synopsis


Abstract

The United States has not recovered from the effects of the recent housing bubble. Nor is there an optimistic forecast for the future of housingβ€”which is characterized by lack of demand, falling prices, and foreclosures. This is not a problem for other Organisation for Economic Co‐operation and Development (OECD) countries, which are recovering far more quickly. But why is this so? Β© 2011 Wiley Periodicals, Inc.


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