Boom-Bust Cycles in Housing : The Changing Role of Financial Structure /

Why are housing markets so prone to boom-bust cycles? The mortgage market structure prior to the Savings and Loan crisis contributed to the volatility in real housing activity which, in turn, amplified the volatility in housing prices. The subsequent development of a national, market-based system of...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Schnure, Calvin
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2005.
سلاسل:IMF Working Papers; Working Paper ; No. 2005/200
الوصول للمادة أونلاين:Full text available on IMF