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The burstingBanking and finance of real estate bubbleReal estate bubble in 2008 represented a pervasive failure that affected everyone, especially the millions of home owners that lost their houses when the market value of their houses became less than the mortgages owed—often termed being under water. The government bailed out the culprits, but not the victims.

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Banking and Finance

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  • 发表日期：

    2026年

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  • William B. Rouse

摘要

The burstingBanking and finance of real estate bubbleReal estate bubble in 2008 represented a pervasive failure that affected everyone, especially the millions of home owners that lost their houses when the market value of their houses became less than the mortgages owed—often termed being under water. The government bailed out the culprits, but not the victims.