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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-
Publication type
Article
Status
Published
Authors
Yevgeniy Dafner 
Edition
Issue 8 (500)
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
843
Readers community rating
0.0 (0 votes)
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S268667300000619-0-1 Дата внесения правок в статью - 23.02.2021
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1. Carlton J. Food Stamps Surge in West // The Wall Street Journal. 16.03.2011.
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 10. Powell M., Martin A. Foreclosure Aid Fell Short, and is Fading // The New York Times. 29.03.2011.
 11. Streitfeld D. Housing Woes Bring a New Cry: Let the Market Fall // The New York Times. 6.09.2010.
 12. Surveying the Aftermath of the Storm: Changes in Family Finances from 2007 to 2009 // Finance and Economics Discussion Series. Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board. Washington, D.C., March 2011.
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 16. Wirz M., Ng S. Subprime Bonds are Back // The Wall Street Journal. 1.04.2011.

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