The Great American Housing Bubble
eBook - PDF

The Great American Housing Bubble

The Road to Collapse

  1. 288 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

The Great American Housing Bubble

The Road to Collapse

About this book

This meticulously documented work sets forth the major causes of the greatest asset bubble in world economic history—the American housing bubble, which began in 1940 and collapsed in 2007. In the aftermath of the American housing collapse in 2007, many ask why. The Great American Housing Bubble: The Road to Collapse asks a different and more fundamental question—how the bubble was created in the first place. To answer that question, it examines the causes, both political and economic, of the American housing bubble, created between 1940 and 2007. Those causes encompass everything from federal income tax subsidies for housing to local exclusionary policies, banking, accounting, real estate appraisal, and credit agency rating practices and policies. The book also takes into account the impact of greed, government regulation, speculation, and psychology—including blind faith in investment advisors—on the creation of the greatest asset bubble in the economic history of the world. The author takes a comparative historical approach, examining the current crisis in the light of notorious bubbles of the past. In the end, he concludes that the events precipitating the most recent collapse can be traced, at least in part, not to too little government regulation, but to too much.

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Yes, you can access The Great American Housing Bubble by Robert M. Hardaway in PDF and/or ePUB format, as well as other popular books in Business & Real Estate. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Praeger
Year
2011
Print ISBN
9780313382284
eBook ISBN
9780313382291
Edition
1
Topic
Business
Subtopic
Real Estate
Index
Business

Table of contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Table of Contents
  5. List of Tables
  6. Foreword
  7. Preface
  8. Acknowledgments
  9. Introduction
  10. Chapter 1 Overview: An Allegory
  11. Chapter 2 Blind Faith
  12. Chapter 3 Greed
  13. Chapter 4 Regulation
  14. Chapter 5 Local Exclusionary Practices
  15. Chapter 6 Bubbles of the Past
  16. Chapter 7 Economic Education
  17. Chapter 8 Speculation
  18. Chapter 9 Psychology
  19. Chapter 10 Bankruptcy Laws
  20. Chapter 11 Banking Practices and Redlining
  21. Chapter 12 The Federal Reserve
  22. Chapter 13 Tax Policy
  23. Chapter 14 Real Estate Practices
  24. Chapter 15 Credit Rating Agencies
  25. Chapter 16 Appraisers
  26. Chapter 17 Accounting
  27. Chapter 18 Fallout: The Litigation Mess
  28. Chapter 19 Conclusions
  29. Glossary
  30. Selected Bibliography
  31. Appendix A: Securitization
  32. Appendix B: Itemized Deductions for Individuals and Corporations
  33. Appendix C: Home Mortgage Disclosure Act of 1975
  34. Appendix D: Community Reinvestment Act of 1977
  35. Appendix E: Housing and Community Development Act of 1992
  36. Appendix F: Home Ownership and Equity Protection Act of 1994
  37. Appendix G: Regulations Assigning Regulatory Authority to the Secretary of Housing Regarding Fannie Mae and Freddie Mac
  38. Appendix H: Performance Tests, Standards, and Ratings, in General
  39. Appendix I: Taxpayer Relief Act of 1997
  40. Appendix J: American Recovery and Reinvestment Act of 2009
  41. Notes
  42. Index