Can cheap credit explain the housing boom?

"Between 1996 and 2006, real housing prices rose by 53 percent according to the Federal Housing Finance Agency price index. One explanation of this boom is that it was caused by easy credit in the form of low real interest rates, high loan-to-value levels and permissive mortgage approvals. We...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Glaeser, Edward L. (VerfasserIn)
Weitere Verfasser: Gottlieb, Joshua D. (VerfasserIn), Gyourko, Joseph E. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Cambridge, Mass. 2010
Schriftenreihe:NBER working paper series 16230
Schlagworte:
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