Real Estate Booms and Banking Busts: An International Perspective
by: Richard Herring and Susan Wachter. 1999
1999, 80 pages
Type: Occasional Paper
ISBN: 1-56708-108-8
Price: $20.00
Keywords: Banking
The paper explores why the collapse of real estate booms is so often linked to crises in banking systems, and offers lessons for financial stresses that arise in any low-frequency asset bubble.
