Housing Bubbles

“Housing Bubbles,” in Encyclopedia of Central Banking, (eds.) Rochon L. P. and S. Rossi, Cheltenham, UK: Edward Elgar Publishing.

 

Introduction

A housing bubble is a type of financial bubble that takes place in residential markets.It is distinguished from the broader terms of real-estate bubbles or property bubbles,which include commercial real estate.

Tags: financial instability, Asset price inflation, Bubble, Credit bubble, Debt deflation, Finanial crisis, Hyman Philip, Moneta policy transmission channels, Minsky

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