The Effect of the Global Subprime Financial Crisis on the Macroeconomy and the Housing Market in the UK

Rita Yi Man Li () and Lokki Mak
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Rita Yi Man Li: Hong Kong Shue Yan University
Lokki Mak: Hong Kong Shue Yan University

Chapter Chapter 8 in Law, Economics and Finance of the Real Estate Market, 2014, pp 105-117 from Springer

Abstract: Abstract The housing bubble’s boom and bust made a significant contribution to the financial crisis, prompting a chain reaction that spread throughout the world. These events raised the eyebrows of investors worldwide. In this chapter, the author investigates the impact of the financial crisis on the UK’s macroeconomy and housing market.

Keywords: Subprime financial crisis; Housing market; US; UK (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-642-54245-9_8

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DOI: 10.1007/978-3-642-54245-9_8

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