Economia

O mercado americano de imóveis

HOUSING AMERICA
Building Out of a Crisis
Edited by Randall G. Holcombe, Benjamin Powell

About seventy percent of American households own their own homes, and for many their homes represent the majority of their net worth. As evident by the cascading mortgage market meltdown and widespread defaults and financial bankruptcies, housing policy not only affects the quality of community life but also has a direct impact on their economic well-being of entire nations.

Although most housing in the United States is allocated in the private market, this market is heavily regulated and subsidized, with government policies dictating whether people can build, what type of housing is allowed, the terms allowed in financing and rental contracts, and much more. Involving the work of sixteen economists and policy experts, Housing America now critically examines government housing policies in the United States and how they impact housing at all levels.

Could government's pervasive involvement in housing be related to the very real problems of affordability, availability, mortgage defaults and loans, and much more? If so, the appropriate policy response would be to significantly reduce, not increase, government involvement. In reassessing government housing measures, Housing America is the authoritative and most comprehensive book available on resolving the housing crisis.

Detailed Summary

- O Caminho Da Crise
Bailout economics – two decades of monetary excesses 1987 Stock market crash 1988-90 Savings and Loan crisis 1990 Stock market “mini-crash” 1990-91 Gulf War I 1990-91 US mini-recession 1994 Mexican peso crisis 1997 Asian financial crisis...

- Mercado De Imóvies - Quente Demais?
Brazil Ignores World Cup Costs to Lift Housing: Mortgages By Gabrielle Coppola - President Dilma Rousseff is using federal subsidies and state-bank loans to boost housing after economic expansion slowed for a second year in 2012 and mortgage...

- Modelo Errado Do Banco Central Americano
Bad Models Mistook Housing Bust for Dot-Com Bubble By Peter Orszag In a speech last month about the financial crisis, Federal Reserve Chairman Ben S. Bernanketrenchantly noted that the initial losses from the dot-com bust were about the same size...

- As Orígens Da Crise
John B. Taylor identifica a política monetária excessiva como a causa da crise:"... Monetary excesses were the main cause of the boom. The Fed held its target interest rate, especially in 2003-2005, well below known monetary guidelines that say what...

- A Orígem Da Crise Financeira
John B. Taylor: "... My research shows that government actions and interventions -- not any inherent failure or instability of the private economy -- caused, prolonged and dramatically worsened the crisis. The classic explanation of financial crises is...

Economia