• Corpus ID: 154235271

A Summary of the Primary Causes of the Housing Bubble and the Resulting Credit Crisis: A Non-Technical Paper

@inproceedings{Holt2009ASO,
  title={A Summary of the Primary Causes of the Housing Bubble and the Resulting Credit Crisis: A Non-Technical Paper},
  author={Jeff Holt},
  year={2009}
}
  • J. Holt
  • Published 1 July 2009
  • Economics
A recession began in December of 2007. The general consensus is that the primary cause of the recession was the credit crisis resulting from the bursting of the housing bubble. This paper discusses the four primary causes of the housing bubble-low mortgage interest rates, low short-term interest rates, relaxed standards for mortgage loans, and irrational exuberance. This paper concludes that the combination of these factors caused the housing bubble to be more extreme and the resulting credit… 
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Chiaramonte investigates banking liquidity problems during the subprime crisis of 2007–2009. The chapter focuses on the main characteristics of the banks most affected by these issues, the type of
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  • J. Bates
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I have always disliked mathematics and suspected it was dangerous to one's health, so I avoided it.
Anatomy of a
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