Supply or Disamenity?

Jaime Luque
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Jaime Luque: 1University of Wisconsin-Madison, USA

Chapter 13 in The Subprime Crisis:Lessons for Business Students, 2017, pp 107-113 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Home prices are affected by different economic factors, and often times a series of factors end up creating a vicious, repetitive cycle that lowers housing prices dramatically. Because actors react to incentives, and those reactions create incentives of their own for other actors, it is useful to separate the effects of each economic factor and isolate their effects. This, in turn, allows us to pin-point the root cause, or biggest contributor of the house price decline that happened as a result of the subprime mortgage crisis…

Keywords: Subprime Crisis; Great Recession; 2009 Recession; Mortgage; Financial Market; Preventing Recession; 2009 Crisis; Interest Rates (search for similar items in EconPapers)
JEL-codes: G01 G1 (search for similar items in EconPapers)
Date: 2017
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