RAS Global AffairsСША & Канада: экономика – политика – культура USA & Canada: Economics – Politics – Culture

  • ISSN (Print) 26866730
  • ISSN (Online) 3034-6045

CURRENT CRISIS AT THE U.S. REAL ESTATE MARKET

PII
S268667300000619-0-1
DOI
10.7868/S0000619-0-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 8 (500)
Pages
45-62
Abstract
Low Federal Reserve rates introduced in 2001 nourished domestic financial and real estate bubbles. When both bubbles exploded the American economy sank into a deep recession. Steps taken by the White House to facilitate revival of the domestic real estate market haven't yet produced significant results. Accordingly, the broader economy is still far from recovery.
Keywords
REAL ESTATE BUBBLE, FINANCIAL BUBBLE, ECONOMIC CRISIS, USA, LOAN FINANCING
Date of publication
01.08.2011
Year of publication
2011
Number of purchasers
1
Views
916

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