Can Cheap Credit Explain the Housing Boom?
收藏NBER2010-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16230
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Between 1996 and 2006, real housing prices rose by 53 percent according to the Federal Housing Finance Agency price index. One explanation of this boom is that it was caused by easy credit in the form of low real interest rates, high loan-to-value levels and permissive mortgage approvals. We revisit
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美国国家经济研究局创建时间：
2010-07-01
