Divergence of House Prices in the United States: 2000 to 2015

2020 ◽  
Author(s):  
Liang Peng ◽  
Lei Zhang
Keyword(s):  
United States ◽  
House Prices ◽  
The United States

scholarly journals House prices and credit risk: Evidence from the United States

2015 ◽  
Vol 51 ◽  
pp. 123-135 ◽  
Author(s):  
Mohammad Tajik ◽  
Saeideh Aliakbari ◽  
Thaana Ghalia ◽  
Sepideh Kaffash
Keyword(s):  
United States ◽  
Credit Risk ◽  
House Prices ◽  
The United States

scholarly journals Forecasting House Prices in the United States with Multiple Structural Breaks

2014 ◽  
Vol 6 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Mahua Barari ◽  
Nityananda Sarkar ◽  
Srikanta Kundu ◽  
Kushal Banik Chowdhury
Keyword(s):  
United States ◽  
Structural Breaks ◽  
House Prices ◽  
The United States ◽  
Multiple Structural Breaks

Policy Uncertainty and House Prices in the United States

2017 ◽  
Vol 23 (1) ◽  
pp. 73-85 ◽  
Author(s):  
Mohsen Bahmani-Oskooee ◽  
Seyed Hesam Ghodsi
Keyword(s):  
United States ◽  
House Prices ◽  
The United States ◽  
Policy Uncertainty

The Debts that Bind Us: A Comparison of Amazonian Debt-Peonage and U.S. Mortgage Practices

2011 ◽  
Vol 53 (2) ◽  
pp. 344-370 ◽  
Author(s):  
Evan Killick
Keyword(s):  
United States ◽  
Financial Institutions ◽  
Global Financial Crisis ◽  
House Prices ◽  
Housing Prices ◽  
The United States ◽  
Credit Default Swaps ◽  
Mortgage Lending ◽  
Credit Default ◽  
Downward Spiral

Three years after the global financial crisis started academic and popular publications assessing its origins, consequences and wider implications are starting to emerge. The origins of the crisis are generally explained as stemming from the rapid increase in subprime mortgage lending in the United States and the credit default swaps banks and other financial institutions traded amongst themselves based on these loans. As homeowners found it increasingly difficult to make their repayments and housing prices in the United States started to drop, a downward spiral ensued. In this cycle ever-growing numbers of homeowners defaulted on their mortgages, unable to meet interest payments or to re-mortgage, and banks foreclosed on the houses even as their own assets and investments were exposed to the losses stemming from defaulted mortgages. With the foreclosures devaluing house prices further and the exposure of banks making them less willing and able to refinance mortgages, the situation quickly spiraled downwards. The complex global trade in credit default swaps and other derivatives meant that the problems were amplified and spread beyond the United States until ultimately many national governments decided to intervene with financial assistance mainly aimed at the financial institutions.

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