Brian Romanchuk — Housing Bubbles And Their Financing

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

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