ENGLISH

The Housing Boom and Bust: Revised Edition

By Thomas Sowell

Book information

Publisher
Basic Books
Year
2010
ISBN
0465019862, 9780465019861
Language
english
Format
EPUB
Filesize
292 kB (298952 bytes)
Edition
First Trade Paper Edition
Pages
256\0
Orientation
yes
Scanned
no
Time added
2012-02-04 16:00:00

Description

Scary headlines and scarier statistics tell the story of a financial crisis on a scale not seen in decades—certainly not within the lifetime of most Americans. Moreover, this is a worldwide financial crisis. Financial institutions on both sides of the Atlantic have either collapsed or have been saved from collapse by government bailouts, as a result of buying securities based on American housing values that eroded or evaporated.Now completely revised in paperback, The Housing Boom and Bust is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse.

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