Monthly Archives: July 2009

What Caused The Housing Boom & Bust?

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading

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Two New Books On The Mortgage Crisis Reviewed In Sunday’s New York Times

One guy who signed on for a mortgage he could not handle was a New York Times economics writer. His new book is called BUSTED. Alyssa Katz has published, Our Lot: How Real Estate Has Come To Own Us. Katz … Continue reading

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