The Housing Boom and BustScary 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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Review: The Housing Boom and Bust
User Review - Nathan Glenn - GoodreadsThis book explains the housing boom and 2008 bust simply enough for any to understand, using solid data. He says that the responsibility and irresponsibility were shared around the table, between both ... Read full review
Review: The Housing Boom and Bust
User Review - David - GoodreadsGot it 2/3 right. Lays blame at government & borrowers but somehow glosses over the culpability of bankers/AIG that should have known what they were buying/insuring. Still, if the tbanker weren't in ... Read full review

