Home > Store > Finance & Investing > Personal Finance

larger cover

Add To My Wish List

Register your product to gain access to bonus material or receive a coupon.

Housing Crisis, The: What Happened and Why?

eBook (Watermarked)

  • Your Price: $1.59
  • List Price: $1.99
  • About Watermarked eBooks
  • This PDF will be accessible from your Account page after purchase and requires the free Adobe® Reader® software to read it.

    The eBook requires no passwords or activation to read. We customize your eBook by discretely watermarking it with your name, making it uniquely yours.

    Watermarked eBook FAQ

  • Description
  • Updates
  • Copyright 2011
  • Dimensions: 5-3/8 X 8-1/4
  • Pages: 12
  • Edition: 1st
  • eBook (Watermarked)
  • ISBN-10: 0-13-237164-2
  • ISBN-13: 978-0-13-237164-3

This Element is an excerpt from Financing the Future: Market-Based Innovations for Growth (9780137011278) by Franklin Allen and Glenn Yago. Available in print and digital formats.

 

How the housing bubble really happened: an explanation that’s simple, clear, sensible, authoritative, and short!

 

The genesis of the housing bubble emerged from the ashes of the dot-com bust. To alleviate the downturn, the Federal Reserve drastically reduced interest rates, and the era of easy credit was under way. Other nations with massive foreign reserves were drawn to invest in the U.S., and, with Treasuries offering only meager returns, they began to eye mortgage-backed securities as a “safe” vehicle offering higher yields....

 

FREE

ONE MONTH ACCESS!

WITH PURCHASE


Get unlimited 30-day access to thousands of Books & Training Videos about technology, professional development and digital media If you continue your subscription after your 30-day trial, you can receive 30% off a monthly subscription to the Safari Library for up to 12 months.