The substantial drop in delinquency rate and loan-to-value ratio for borrowers who purchased homes in the years after 2007 is likely a product of the tightened lending standards implemented in the post-bubble housing market.
There are two sides to the housing bubble crisis in the U.S. The housing bubble was created by lowering interest rates even was housing prices continued to skyrocket.
Like the technology bubble and the housing bubble, this latest bubble could last for a while.
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We've been through two of those bubbles, the dot come bubble and the housing bubble.
Instead of the greed of the tech bubble or the housing bubble we are looking into the future with such fear that we just want to get our money back.
Federal Reserve monetary policy errors caused the housing bubble and precipitated the housing bust.
First was the Tech Bubble, then the Housing Bubble and stock market crash of October 2007 to March 2009.
Extraordinary Popular Delusions and The Madness of Crowds, although someone should revise it and add new chapters on the Nifty Fifty bubble of the 1970s, Japan bubble of the 1980s, Asia financial crisis of 1997, dotcom bubble of 2001 and US housing bubble of 2007.
Fisher would say there is no housing bubble when people are talking about housing bubbles.
One obstacle to this is the boom period from 1982 through the tech bubble-burst, to the housing bubble-burst.
The inflationary environment engineered by the Fed produced a massive bubble in housing.
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Many families lost money in the dot com bubble, then lost money in the housing bubble, and then lost their jobs.
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It is just another bubble waiting to burst, much like the housing bubble in the US in 2007.
The college bubble is not as big now as the housing bubble was five years ago, but it is much like that one in featuring a large population of buyers who are goaded by federal subsidies and tax benefits into a borrowing binge and then wake up with a hangover.
You know Bernanke, the same Federal Reserve Chairman currently nurturing a monetary bubble already larger than the one that gave us the housing bubble turn bust turn Great Recession (see HERE ).
His current policy is to inflate another stock market bubble to cure the recession that resulted from the bursting of the housing bubble, which was itself inflated to counter the effects of the bursting tech stock bubble.
This GREATLY exacerbated the housing bubble which had already started and led to near financial armagedon with the housing price crash and banking insolvencies.
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Yet how can The Economist endorse Mr Greenspan's right-hand man, when we have long criticised the chairman for failing to curb the stockmarket bubble in the late 1990s, and later for propping up the economy by inflating a housing bubble?
While in the December 1998 11434 was broken as the Dow made its way up the dot-com bubble, in September 2008 it was broken as it was about to tumble down the busted housing bubble.
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The Federal Reserve helped create the bubble in the housing market by keeping interest rates too low for too long and is now creating another bubble in the bond market.
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Furthermore, I have never seen a bull market end without the mania phase (remember during the tech bubble when your favorite plumber became a day trader, or in 2005 in the midst of the housing bubble when your dog walker became a real estate agent?).
He has been alerting his readers since summertime about the coming unwinding in real estate and even created a "Housing Bubble Bellwether Index" of about a dozen companies with a significant share of revenue coming from construction and housing related purchases.
In other words, the new definition may provide the legal framework needed for private lenders to more confidently service mortgages in a post-housing bubble industry that has largely been dominated by Fannie Mae, Freddie Mac and government agencies like the Federal Housing Administration.
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More recently, theorists of the bubble variety have suggested that the collapse of the alleged housing "bubble" ushered in the worst recession since the Great Depression.
What was clear to most researchers before the housing bubble burst is now ambiguous at least.
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There were moral recriminations for the excesses of the housing bubble, but no criminal prosecutions.
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But when the housing bubble burst last year, the booming Texas economy began to falter.
Kaplan said that housing bubble and financial sector concerns have made China a cheap equity play.
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The minimal interest rate, cheap dollar monetary policy of the Fed pumped up the housing bubble.
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The bubble in Chinese housing, therefore, is not found at the bottom of the market.
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