CURRENT CRISIS AT THE U.S. REAL ESTATE MARKET
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CURRENT CRISIS AT THE U.S. REAL ESTATE MARKET
Annotation
PII
S268667300000619-0-1
Publication type
Article
Status
Published
Edition
Pages
45-62
Abstract
Low Federal Reserve rates introduced in 2001 nourished domestic financial and real estate bubbles. When both bubbles exploded the American economy sank into a deep recession. Steps taken by the White House to facilitate revival of the domestic real estate market haven't yet produced significant results. Accordingly, the broader economy is still far from recovery.
Keywords
REAL ESTATE BUBBLE, FINANCIAL BUBBLE, ECONOMIC CRISIS, USA, LOAN FINANCING
Date of publication
01.08.2011
Number of purchasers
1
Views
850
Readers community rating
0.0 (0 votes)
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Additional sources and materials

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