U.S. Housing Prices : Is There a Bubble.

Examines possible existence of a so-called bubble in housing prices, involving a rise in prices that cannot be explained by fundamentals such as falling interest rates, inflation, and rising incomes. Discusses recent trends in and determinants of housing prices; research on housing bubbles; macroeco...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2003.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Examines possible existence of a so-called bubble in housing prices, involving a rise in prices that cannot be explained by fundamentals such as falling interest rates, inflation, and rising incomes. Discusses recent trends in and determinants of housing prices; research on housing bubbles; macroeconomic effects of a bubble on consumption, the housing industry, the financial sector, and household debt; and policy options. Includes tables and graphs.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.