Now completely revised in paperback, The Housing Boom and Bust is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse.
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In a complement to books like Basic Economics, Applied Economics, and Economic Facts and Fallacies, Sowell offers a handy guide to the economics of housing markets and the brief history of the housing boom and bust.Jun 16 2010 | Read Full Review of The Housing Boom and Bust
Actually, he notes, they didn’t — except in a very few places.Jul 06 2009 | Read Full Review of The Housing Boom and Bust
But behind all the complexities was a very simple fact: Monthly mortgage payments by millions of home buyers were what provided the money for the banks, the financial institutions that bought mortgages from the banks, and the Wall Street firms that created sophisticated securities based on those ...Apr 29 2009 | Read Full Review of The Housing Boom and Bust
Where housing markets have been more or less left alone — in places like Houston or Dallas, for example — housing did not take even half as big a share of family incomes as did comparable housing in places like the San Francisco Bay Area, where heavily hyped political crusades had led to severe r...May 11 2009 | Read Full Review of The Housing Boom and Bust
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