The housing boom and bust / Thomas Sowell

9780465018802
0465018807

New York : Basic Books, 2009.

English

vii, 184 p. ; 25 cm.

HG2040.25 .S69 2009

332.7/20973

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.

Includes bibilographical references (p. 151-179) and index.

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