The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future - Adam J. Levitin - Books - Harvard University Press - 9780674979659 - June 1, 2020
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Adam J. Levitin
The Great American Housing Bubble: What Went Wrong and How We Can Protect Ourselves in the Future

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Adam Levitin and Susan Wachter argue that the housing bubble of the 2000s was caused by private-label securitization. Competition among Wall Street banks set off a race to the bottom in mortgage underwriting that inflated home prices but yielded huge profits before the bubble burst. To avoid déjà vu, w¬e need carefully regulated securitization.

400 pages, 64 illus., 5 tables

Media Books     Hardcover Book   (Book with hard spine and cover)
Released June 1, 2020
ISBN13 9780674979659
Publishers Harvard University Press
Pages 400
Dimensions 242 × 167 × 41 mm   ·   770 g

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