housing bubble

What I said was that the only way the Fed could get traction would be if it could inflate a housing bubble.

Overstretched borrowers were bound to start defaulting in large numbers once the housing bubble burst and unemployment began to rise.

In its strongest form, the EMH denies that there could even be such a thing as the housing bubble (see here and here).

But one thing would probably have been the same: There would have been a huge housing bubble and a financial crisis when the bubble burst.

This global analysis lies at the heart of his explanation of what caused the housing bubble that emerged during his watch as Fed chief.

And when Mr. Greenspan began to hear of a housing bubble, he dismissed the threat.

Just as the housing bubble papered over the troubles of the middle class, it also hid, for a time, the declining prospects of many men.

First, there was a widely spread housing bubble, not just in the United States, but in Ireland, Spain, and other countries as well.

Without millions and millions of eager American home buyers, sellers and traders, there would never have been a housing bubble.

Of course the economy is lousy, but it has been lousy for over a year since the housing bubble burst and the Wall Street crash.

Britain, at least, was able to tailor its interest rates to local conditions, but not by enough to prevent a housing bubble.

Wenzel said Miami has also taken a bit of a hit because of the housing bubble bursting and troubles in the real estate market.

The trigger of the crisis was the bursting of the housing bubble, combined with a large exposure by the levered financial institutions.

Most of the damage was caused by mortgage-related securities issued in the last two years of the housing bubble.

Ignoring the other quotes for a moment, and just judging from the 2002 column, did Krugman support pumping up a housing bubble or not?

Men without higher education "didn't do as badly as you might have expected, on long-run trends, because of the housing bubble. "

You could argue the main thing the U. S. got in return was a housing bubble caused by artificially low interest rates.

Bank lending is growing much more slowly than a decade ago, and Asia is one of few parts of the world not experiencing a housing bubble.

The American housing bubble peaked in early 2006, followed by an abrupt and rapid retreat over the past two years.

First and foremost, the housing bubble was one of the frothiest in the world.

Zai, a veteran of the American housing bubble, currently works as an analyst for a New York-based hedge fund company.

And the truth is I feel a little sorry for the teasing he has absorbed since the housing bubble burst.

Indeed, those of us who recognized that there was a housing bubble expected it to burst much sooner.

But it will probably be a long time before the trade deficit comes down enough to make up for the bursting of the housing bubble.

The housing bubble was the first to burst, but it will not be the last in this global recession.

As the rest of the world watches the bursting of America's housing bubble, that question should be at the top of everyone's mind.

He did not support inducing a housing bubble, and wanted the Fed to not fight the recession.

Most of these ingredients are gone. The housing bubble has collapsed. The financial sector is in trouble. The construction boom is over.

'It's going to take a while to work through the housing bubble, but we can mitigate some of the issues, ' Mr. Bush said.

That markets are now stabilising could suggest that prices have fallen far enough to correct the excesses of the global housing bubble.

He is blamed for allowing the housing bubble to develop as a result of his low interest rates and lack of regulation in mortgage lending.

Authorities splurged in the good years of the housing bubble, but did nothing to prepare for leaner times.

But beyond the glow of this sudden efflorescence , a housing bubble had begun to form.

What makes it hard to accomplish is the inflation and a housing bubble that must be brought under control.

While insider trading is certainly a crime, it seemed like a bit player in the drama that began when the housing bubble burst.

Despite the deflation of its housing bubble and a severe drought, the kangaroo economy keeps bouncing along.

Because at the height of our housing bubble, U. S. residential housing accounting for . . . that's right, 6% of GDP.

But as the housing bubble deflates, it also drags innocent victims into a wave of fore- closures.

Given the number of mortgages that banks had to have misrepresented during our housing bubble, that's mind-boggling.

If so, then how come there was a gigantic housing bubble in Spain as well?

They also show how the banks' desire to keep the $1 trillion mortgage securities business going helped fuel the housing bubble.

700bn in preferred stock with warrants may be sufficient to make up the hole created by the bursting of the housing bubble.

The housing bubble in the U. S. was caused by historically-low interest rates, lax lending standards, and a speculative fever.

Spain's structural faults were long hidden by a housing bubble and have been glaringly exposed now that it has burst.

The "wealth effect" created by these housing purchases further sustained consumer demand and led to a housing bubble.

Prices went up and up in recent years , before the housing bubble burst.

Its flood of liquidity (money made available to borrow at low interest rates) and lax regulations led to a housing bubble.

The economic crisis began with the collapse of property values, the bursting of the housing bubble in the United States.

Meanwhile Spain's GDP has predictably stuttered as it endures a painful shock from its burst housing bubble.

China is at the near terminal stage of a massive housing bubble.

And since the housing bubble isn't coming back, the spending that sustained the economy in the pre-crisis years isn't coming back either.

Spain, which is trying to emerge from a steep recession following a housing bubble, is running a 11. 2% budget deficit.

Remember a few years ago, as the housing bubble was inflating, projections were for home prices to rise indefinitely?

The next crisis probably won't be a housing bubble or an Internet craze, because those are fresh in our collective memory.

So the only way to 'puncture the housing bubble' is to get rates higher, said Standard Chartered economist Stephen Green.

But some seem at least as concerned about defining when the housing bubble began.

We had the housing bubble and the credit default. The commodities market is another lucrative playing field [where] traders take a fee.

Some senators criticised the Fed for maintaining a loose monetary policy for too long and fuelling the last housing bubble.

Major advanced economies are still reeling from the effects of a burst housing bubble and the financial crisis that followed.

The epic housing bubble had begun to burst six months earlier.

The British media bubble is so big (almost as big as the British housing bubble) that it enveloped me wherever I went.

It's been five years since the U. S. housing bubble burst.

So by all means, let's put aside the fact that the economy has had bombs dropped on it after the housing bubble popped.

In 2004, Alan Greenspan dismissed talk of a housing bubble: "a national severe price distortion, " he declared, was "most unlikely. "

The euro zone's No. 4 economy, Spain has an unemployment rate of 19%, a deflating housing bubble, big debts and a gaping budget deficit.

Cushion the decline in living standards with easy money now and you just move from a housing bubble to a commodities bubble.

But to focus on the bursting of the housing bubble would be to miss the lasting gains that were made.

When the housing bubble popped, consumers defaulted en masse, and the crash caught the country with its social safety net down.

During the housing bubble, the financial sector essentially tried to create reality.

The housing bubble masked this new reality for a while, creating work in construction and related industries.

The boom and bust in the money markets was precipitated by a US housing bubble.

It is no coincidence that the housing bubble started in the aftermath of the dotcom bust.

The root of our current troubles lies in the debt American families ran up during the Bush-era housing bubble.

Mr Wilson now realises that his boom-year sales were a by-product of the state's housing bubble.

It's true that the housing bubble has popped, and consumers are saving more than they did a few years ago.

Some big countries had a housing bubble that burst, provoking the biggest financial crisis in half a century.

In contrast, immigration has clearly slowed down since the housing bubble burst and the construction industry went bust in 2007.

The US economy was slowing and a housing bubble was about to burst.

Goldman insiders say this was due to the timing of the CDO, just before the end of the US housing bubble in April 2007.

The only other G7 economy where consumer debt has declined is Germany, which has also avoided a housing bubble.

In the absence of another housing bubble and consumer boom, an export-led recovery is the best growth strategy the US could employ.

MZ: A housing bubble is an economic situation that occurs when home prices rise faster than inflation and income.

Some warned of a housing bubble, but almost none foresaw the resulting cataclysm.

Official statistics most likely underestimate the size of the housing bubble.

The lax monetary policies facilitated this excess spending, while the housing bubble was the vehicle through which it worked.

In any case, some of the financial snake oil peddled at the height of the housing bubble was bad for saving.

Few finance issues have received such a wide range of opinions among financial experts than the "housing bubble" in China.

No doubt some people didn't realize they were taking a risk, but I don't think that that is the explanation for the housing bubble.

That used to be Mr Greenspan's view of the US housing bubble.

Then, as the housing bubble burst, house-building collapsed and households started saving more.

Then, as the housing bubble burst, house-building collapsed and households started saving more.

China also is grappling with a possible housing bubble, as average urban property prices rose 12. 8% in April from the year earlier.

The cost of all these mad-scientist endeavors can be measured in the trillions of dollars that vaporized when the housing bubble burst.

The Great Recession began with the bursting of the housing bubble.

Some critics say that the Fed helped inflate the housing bubble with low interest rates.

As though the housing bubble wasn't enough.

The common denominator of the financial crisis, analysts said, is the bursting of the housing bubble.

The same fate has befallen the big three credit rating agencies, whose deeply flawed ratings were exposed when the US housing bubble burst.

They ploughed those surpluses into America's bond market, holding down interest rates and inflating the housing bubble.

But if they had done nothing, then maybe the housing bubble would have been even bigger when the global recession hit.

To appreciate Georgia's specialness, you need to realize that the housing bubble was a geographically uneven affair.

suppressing US interest rates , inflating the housing bubble and funding buy-now pay - later consumption .

Lax monetary policy allowed Americans to build up debts and fuelled a housing bubble that had to burst eventually.

During that time, the U. S. housing bubble peaked and popped, driving investors into Treasurys.

But this allowed America's borrowing binge and housing bubble to persist for longer than it otherwise would have.

But Beijing, which has already taken steps to prick the housing bubble, appears in no hurry to encourage reckless spending.

The recent US housing bubble had a similar process of moving from prime to subprime mortgages.

The parallels between the speculative mania that ended in October 1929 and the housing bubble are seductive but misleading.

But the renewed pep in the national pattern has revived talk of a housing bubble.

A housing bubble is an economic bubble that occurs in local or global real estate markets.

But although yields have risen strongly, they have merely returned to their 50-year average after being decimated during the housing bubble.

More recently, Spain has suffered the bursting of its housing bubble.

Thanks to the bursting of the housing bubble, overall GDP growth has fallen back sharply.

American regulators stood idle as the housing bubble inflated. German banks often required a down payment of 40 percent.

Try behavioral economics which predicts both the collapse of the tech bubble and the housing bubble.

And what about his strawman protests that he didn't cause the housing bubble, much less the Enron scandal or Kennedy's assassination?

Around 80% of household debt is linked to mortgages and is thus intimately tied to the housing bubble.

Thanks to a housing bubble, your joint investment has paid off and you would now like to cream off some additional upside.

So what was different about the housing bubble that followed?

Prudently looser monetary policy will help, but cannot reverse the credit cycle or the bursting of the housing bubble.

The housing bubble ended with a crash -- and the government was forced to take over the GSEs.

All these would have called into question the reliability of estimates that indicated low risk amid a rapidly inflating housing bubble.

Former Fed Chairman Alan Greenspan denied that a national housing bubble was even possible, since housing was not a single national market.

That makes it even harder for Chinese government to contain and manage the housing bubble challenge.

Now the housing bubble has burst in turn, leaving the financial landscape strewn with wreckage.

Whether that would have stopped the housing bubble is open to question.

The burst of housing bubble in Spain prompted the sluggish economy and higher unemployment.

As a result, the collapse of the housing bubble threatened to bring down the nation's banks. And banks play a special role in the economy.

The huge amount of deleveraging that is necessary after the housing bubble of the early 2000s can only be accomplished over time.

Virtually every banker was suckered by the credit and housing bubble.

Virtually every banker was suckered by the credit and housing bubble.

Unless the housing bubble reflates or the economy suddenly revives, Citibank will surely be back for more help soon enough.

The U. S. ratio of home values to economic output was much lower, at 1. 8, during its recent housing bubble.

The over-expansion of bank loans to the real estate sector plays a very important role in the process of housing bubble in East Asian.

With the bursting of the housing bubble, home equity is drying up.

Easy money, which the housing bubble seemed to promise, put people in a forgiving mood.

One ill is the bursting of the housing bubble, which is partly the consequence of the subprime folly of past years.

We've come a long way from the days when Alan Greenspan declared a national housing bubble "most unlikely. "

They didn't believe there was a housing bubble.

And they are designed to discourage households from increasing their already-record debts rather than to puncture a housing bubble.

A housing bubble that burst in 2008 means many households cannot easily increase their taxable spending.

The housing bubble boils down to the three R's: rocket scientists, regulators, and ratings agencies.

With the housing "bubble" now collapsed, net worth is falling.

The construction industry was hit brutally hard when the housing bubble burst.

After its housing bubble burst in the 1990s, the market has not inflated again.

In 2006 and 2007, for instance, Congress effectively cut the S. E. C. 's budget, even as the housing bubble was bursting.

Almost everything else central bankers do is more difficult than calling a housing bubble.

In many locales, the housing bubble has burst as values plummet.

This raises the obvious question: if economists can't see an $8tn housing bubble, what can they see?

They provided a glut of cheap, easy capital which fed the housing bubble.

Krugman. 2002. Calling for a housing bubble.

Jobs will be slow to come back, and the go-go economic days of the housing bubble are gone for good.

Is the strategy simply to reinflate the housing bubble?

He did support inducing a housing bubble.

For example, among the firms that the commission cited for helping to fuel the housing bubble was Ameriquest Mortgage Co. of Orange.

A still bigger concern is that the US housing bubble will burst, causing American consumers to cut spending sharply.

First came the dotcom bubble, then the housing bubble.

Roubini became convinced that the housing bubble was going to pop.

Their failings in the housing bubble were much greater.

The housing bubble was unique, and uniquely awful.

But the economy was very sick before the crisis; the housing bubble merely papered over its weaknesses.

The cost of living in China has declined in recent months thanks to the burst in the housing bubble.

Now, during those years, revenues were inflated, to some degree, by the housing bubble.

It's the final gasp of the burst housing bubble.

Their lack of supervision fuelled the housing bubble and we are now all paying the price.

Some other economies will also suffer home-grown recessions because they too allowed a housing bubble to develop, which has now burst.

In April, consumer prices in China rose more than 5%, and Chinese officials have repeatedly acknowledged a housing bubble in major cities.

Then there is the chance that, as the housing bubble in China deflates, investors desperate for yield will force up stocks instead.

There are many examples over the past 20 years, but one need look no further than the recent housing bubble.

The housing bubble did continue to inflate into 2006.

The global housing bubble passed Japan and Germany by, so it is not surprising to learn that housing is cheap there.

In addition, the government is working to deflate China's housing bubble, which could produce another round of bad loans.

First, its easy monetary policy in 2003-04 arguably inflated a housing bubble.

The housing bubble saw people of lesser means traveling further afield to buy homes.

Fears of a housing bubble also persist as tightening measures introduced last year are not especially onerous.

And they did that before the housing bubble got bigger and ended up distorting the real economy, so they've done a good job.

During the housing bubble, this ratio jumped to 4. 2.

When the housing bubble finally bursts--what we have now is a slow leak--it will have a direct impact on housing valuations.

The Federal Reserve also needs to learn from its mistake of keeping interest rates too low in 2003 to prevent a housing bubble.

FINANCIAL regulators in America were criticised for doing too little about the country's housing bubble.

Yet we're in the process of deflating a huge housing bubble, and housing prices probably still have a long way to fall.

Without any housing bubble to burst, the area's median home price even inched up last year.

In addition to low interest rates, another common explanation of the housing bubble is easy credit.

As I've written, Texas and the Great Plains have run away with the recovery for a few reasons: (1) They avoided the housing bubble;

Solutions to the nation's housing bubble still up in the air

the rise of the interest rates causing the housing bubble bursting;

Beijing's New Challenge: China's Post-Crisis Housing Bubble

Study puts new spin on the housing bubble