The Great American Housing Bubble : : What Went Wrong and How We Can Protect Ourselves in the Future / / Adam J. Levitin, Susan M. Wachter.
Adam Levitin and Susan Wachter argue that the housing bubble of the 2000s was caused by private-label securitization. Competition among Wall Street banks set off a race to the bottom in mortgage underwriting that inflated home prices but yielded huge profits before the bubble burst. To avoid déjà vu...
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Superior document: | Title is part of eBook package: De Gruyter HUP eBook-Package Pilot Project 2020 |
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Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2020] ©2020 |
Year of Publication: | 2020 |
Language: | English |
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Physical Description: | 1 online resource (352 p.) |
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