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Preventing the Next Mortgage Crisis - The Meltdown, the Federal Response, and the Future of Housing in America (Hardcover)
Loot Price: R1,169
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Preventing the Next Mortgage Crisis - The Meltdown, the Federal Response, and the Future of Housing in America (Hardcover)
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The great U.S. mortgage crisis was a transformative event that will
reverberate for decades across families, neighborhoods, and cities.
After years of research on various aspects of the crisis, Dan
Immergluck examines what went wrong, identifying the factors that
created the fragile housing finance system, which provided fertile
ground for calamity. He also examines the federal response to the
crisis, including who benefitted most from the response, and how a
more effective and fair response could have been formulated. To
reduce the incidence of future crises, Immergluck provides a
pathway for building a more stable and fair housing finance system
that would be less vulnerable to the booms and busts of global
finance. Housing finance helps determine access to stable,
decent-quality, affordable housing and also affects the geography
of housing and educational opportunities. Thus, housing markets
shape our communities, our neighborhoods, and our social and
economic opportunities. Immergluck's analysis and formulation of a
way forward will be of particular interest to those concerned with
urban form, neighborhood change and stability, and urban planning
and policy, as well as those interested in housing and mortgage
markets more generally.
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