Wed, Nov 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Finance, Residential property Watch more

Where’s the next housing bubble?

Posted on 09 May 2011

Housing prices in the United States crested in 2007, following nearly a decade of unprecedented increases fueled by a perfect storm of easy credit conditions, sub-prime lending, predatory lending and fraudulent underwriting practices.
When the housing bubble burst, the consequences were far reaching, affecting home values, home supply retail outlets, home builders, foreclosures and the mortgage, credit, hedge fund and foreign bank markets. The burst has been blamed for causing the worst financial crisis in the United States since the 1930s’ Great Depression……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930