The U.S. Housing Bubble and the Global Financial Crisis: Housing and Housing Related Finance

http://www.house.gov/jec/news/Housing%20Bubble%20study.pdf

Examines the causes of the inflation of housing values from 1998 to 2006 and the effects of its collapse on U.S. housing related finance. Also shows how misguided federal policies encouraged the growth of risky mortgages among financially marginal households. From the Joint Economic Committee.

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