Publication
17 Mar 2006
Major concerns have recently arisen in Europe and in the United States about the behaviour of their housing markets. Surging prices seem to be far removed from their fundamental value, arousing bad memories of the time when the equity bubble burst. Valuable contributions have been made about the phenomenon but few have addressed the finance side of the housing bubble and its potential consequences on household balance sheets.
Download |
English (PDF, 6 pages, 78 KB) |
---|---|
Author | Charles Gottlieb |
Series | CEPS Commentaries |
Issue | 5 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2006 Centre for European Policy Studies (CEPS) |