Housing and mortgage markets in historical perspective
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Bibliographic Information
Housing and mortgage markets in historical perspective
（A National Bureau of Economic Research conference report）
University of Chicago Press, 2014
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"Early versions of many of the chapters in this volume were presented at a Universities-Research Conference on Housing and Mortgage Markets in Historical Perspective held in Cambridge, Massachusetts, on September 23-24, 2011"--Acknowledgments
Includes bibliographical references and indexes
Description and Table of Contents
Description
The role of the housing market in the recent recession raised questions about similar episodes in economic history. Were the underlying causes of housing and mortgage crises the same in earlier episodes? How have previous policy interventions either damaged or improved long-run market performance and stability? This volume provides context for understanding recent events by examining how historical housing and mortgage markets worked - and how they sometimes failed. The editors survey the research on housing crises, comparing that of the 1930s to that of the 2000s in order to identify what contributed to each crisis.
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