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The Bursting of the US House Price Bubble
URL: http://www.dgtpe.minefi.gouv.fr/TRESOR_ECO/anglais/pdf/2008-014-40en.pdf

Description:
A July 2008 French analysis of the steep decline in U.S. home values starting in the summer of 2007. Includes data and graphs, discussion of how the "bubble was caused by easier lending conditions" and other factors, and how the return to equilibrium could continue until the end of 2009. Opens directly into a PDF document. From the French government.

LII Topics: Buying & Selling, Housing

Publisher:
Ministère de l'Economie de l'Industrie at de l'Emploi

Extra Keywords
ministere

LII Database Information:
Record 28053 created by Maria Brandt on 03/02/2009
Last modification on 03/23/2009
Published: 04/16/2009  
LII Item ID: http://lii.org/cs/lii/view/item/28053

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