Abstract
bursting the with began crisis The
high and bubble housing US the of
adjusted and subprime on rates default
in beginning ,) ARM (mortgages rate
to prior years of number a for, 2006
, standards lending declining, that
as such incentive loan in increase an
term-long a and , terms initial easy
had prices housing rising of trend
assume to borrowers encouraged
they belief the in mortgage difficult
refinance quickly to able be would
, However .terms favorable more at
and rise to began rate interest once
in drop to started prices housing
more became refinancing, 2006-2007
up go to failed prices home , difficult
rate interest ARM and, anticipated as
higher reset .
high and bubble housing US the of
adjusted and subprime on rates default
in beginning ,) ARM (mortgages rate
to prior years of number a for, 2006
, standards lending declining, that
as such incentive loan in increase an
term-long a and , terms initial easy
had prices housing rising of trend
assume to borrowers encouraged
they belief the in mortgage difficult
refinance quickly to able be would
, However .terms favorable more at
and rise to began rate interest once
in drop to started prices housing
more became refinancing, 2006-2007
up go to failed prices home , difficult
rate interest ARM and, anticipated as
higher reset .
Keywords
banking generated by
Financial crisis
mortgage
Abstract
حاولت زوبرت شيلرا في مقالات ثلاثة على احد المواقع الالكترونية تقديم التفسيرات المقنعة للارتفاع غير الطبيعي في اسعار المنازل ، وكان قد دفع بالاسباب النفسية الى المقدمة مع ترجيحه لعدم كفاية المتغيرات الاقتصادية في تفسير ذلك .
Keywords
الازمة المالية ، المصرفية المتولدة عن، الرهن العقاري