The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future

The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future

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$320.00
$320.00
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The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future
  • The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future
  • The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future
The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future

The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future

$320.00
$320.00
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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.

Author(s): Adam J. Levitin, Susan M. Wachter
Publisher: Harvard University Press
Published: 2020-06-09
Pages: 401
Categories: Business & Economics

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