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Property Book Shop - Subprime Mortgages: America's Latest Boom and Bust

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List Price: $26.50
Our Price: $21.45
Your Save: $ 5.05 ( 19% )
Availability: Usually ships in 24 hours
Manufacturer: Urban Institute Press
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Average Customer Rating: [ not yet rated ]

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Binding: Paperback Dewey Decimal Number: 332.722 EAN: 9780877667391 ISBN: 087766739X Label: Urban Institute Press Manufacturer: Urban Institute Press Number Of Items: 1 Number Of Pages: 120 Publication Date: 2007-06-28 Publisher: Urban Institute Press Studio: Urban Institute Press
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Editorial Reviews:
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Over the past decade, a new mortgage market offering loans at low interest rates and for little or no money down has given low-income people an opportunity to pursue the American dream of homeownership. The resulting wave in home buying promised to stabilize neighborhoods and families, boost the economy, and reduce crime. In many ways, the optimists were correct, but now, less than fifteen years later, the subprime mortgage market is collapsing, threatening to take the rest of the housing sector along with it. Subprime Mortgages: America's Latest Boom and Bust analyzes how the subprime market emerged, why it is in crisis, and how we can reform public policy to avert disaster. An attendant examination of the rental market also offers recommendations for shoring up what may be the best housing option for some families.
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