Browse our collection of papers in
Financial Crisis

C/F/1319. Role of US housing market collapse in global financial crisis

WORDS:
2500
DATE:
2011
PRICE:
29.99 GBP

The paper examines the contribution of the housing market and housing finance to the onset of the 2008 financial crisis in the USA that undermined the global financial system and led to the economic recession. The link between the housing market and the credit market is established showing how US monetary policy created a real estate bubble that led to the collapse of the housing market.

 

KEYWORDS: US housing market, collapse, global financial crisis, real estate bubble,

 
Other Papers On: Financial Crisis