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The housing boom and bust / Thomas Sowell.

Lippincott Library HG2040.25 .S69 2009
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Format:
Book
Author/Creator:
Sowell, Thomas, 1930-
Contributor:
John Lammey Stewart Memorial Library Fund.
Language:
English
Subjects (All):
Housing--Prices--United States.
Housing.
Housing--Prices.
United States.
Secondary mortgage market--United States.
Secondary mortgage market.
Subprime mortgage loans--United States.
Subprime mortgage loans.
Financial crises--United States.
Financial crises.
Physical Description:
vii, 184 pages ; 25 cm
Place of Publication:
New York : Basic Books, 2009.
Summary:
Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
Notes:
Includes bibilographical references (pages 151-179) and index.
Local Notes:
Acquired for the Penn Libraries with assistance from the John Lammey Stewart Memorial Library Fund.
ISBN:
9780465018802
0465018807
OCLC:
303032174

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