Summary:
Housing finance is interesting, and offers an interesting take on some theoretical issues. Although the theoretical issues sound abstract, they are critical issues in economies facing a housing bubble. This article looks at one aspect of housing finance: the limit to financing is credit risk, not funding. Monetary flows in a credit-based economy are circular. Bond Economics Housing Bubbles And Their Financing Brian Romanchuk
Topics:
Mike Norman considers the following as important: bubbles, Credit, Finance, monetary circuit, money and banking
This could be interesting, too:
Housing finance is interesting, and offers an interesting take on some theoretical issues. Although the theoretical issues sound abstract, they are critical issues in economies facing a housing bubble. This article looks at one aspect of housing finance: the limit to financing is credit risk, not funding. Monetary flows in a credit-based economy are circular. Bond Economics Housing Bubbles And Their Financing Brian Romanchuk
Topics:
Mike Norman considers the following as important: bubbles, Credit, Finance, monetary circuit, money and banking
This could be interesting, too:
Dean Baker writes Crypto and Donald Trump’s strategic baseball card reserve
Dean Baker writes The elites’ big lie on inequality
Lars Pålsson Syll writes Weekend read: Keynes’ critique of econometrics is still valid
Lars Pålsson Syll writes How inequality causes financial crises
Housing finance is interesting, and offers an interesting take on some theoretical issues. Although the theoretical issues sound abstract, they are critical issues in economies facing a housing bubble. This article looks at one aspect of housing finance: the limit to financing is credit risk, not funding. Monetary flows in a credit-based economy are circular.Bond Economics
Housing Bubbles And Their Financing
Brian Romanchuk