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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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