Housing Bubble

Some articles on bubbles, housing bubble, bubble, housing:

Subprime Mortgage Crisis - Causes - Policies of Central Banks
... They are less concerned with avoiding asset price bubbles, such as the housing bubble and dot-com bubble ... Central banks have generally chosen to react after such bubbles burst so as to minimize collateral damage to the economy, rather than trying to prevent or stop the bubble itself ... This is because identifying an asset bubble and determining the proper monetary policy to deflate it are matters of debate among economists ...
United States Housing Bubble - Identification
... Although an economic bubble is difficult to identify except in hindsight, numerous economic and cultural factors led several economists (especially in late 2004 and early 2005) to argue ... Dean Baker identified the bubble in August 2002, thereafter repeatedly warning of its nature and depth, and the political reasons it was being ignored ... The burst of the housing bubble was predicted by a handful of political and economic analysts, such as G ...
Late-2000s Financial Crisis - Background - Easy Credit Conditions
... This was done to soften the effects of the collapse of the dot-com bubble and the September 2001 terrorist attacks, as well as to combat a perceived risk of deflation ... As early as 2002 it was apparent that credit was fueling housing instead of business investment as some economists went so far as to advocate that the Fed "needs to create a housing bubble to replace ... current account deficit, which peaked along with the housing bubble in 2006 ...
Late-2000s Financial Crisis - Background - Growth of The Housing Bubble
... This housing bubble resulted in many homeowners refinancing their homes at lower interest rates, or financing consumer spending by taking out second mortgages secured by the price appreciation ... other lending, extending or increasing the housing bubble and generating large fees ... housing prices had declined by over 20% from their mid-2006 peak ...

Famous quotes containing the words bubble and/or housing:

    No bubble is so iridescent or floats longer than that blown by the successful teacher.
    Sir William Osler (1849–1919)

    We have been weakened in our resistance to the professional anti-Communists because we know in our hearts that our so-called democracy has excluded millions of citizens from a normal life and the normal American privileges of health, housing and education.
    Agnes E. Meyer (1887–1970)