The central role of the housing market in the recent recession raised a series of questions about similar episodes throughout economic history. Were the underly
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 o
The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run so
The urgent demand for housing after World War I fueled a boom in residential construction that led to historic peaks in home ownership. Foreclosures at the time
In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory