The covid-19 housing boom: is a 2007-2009-type crisis on the horizon?

HIGHLIGHTS

  • who: Diamando Afxentiou et al. from the School of, New York Institute of Technology, Broadway, New York, NY, USA have published the research work: The COVID-19 Housing Boom: Is a 2007-2009-Type Crisis on the Horizon?, in the Journal: (JOURNAL) of 21/07/2010
  • what: Factors associated with subprime mortgages poor and non-existent underwriting loan requirements weak regulatory oversight exaggerated credit ratings under-capitalization in the banking sector and excessive speculative activity in the housing market have been addressed by regulation which is aimed at preventing another financial crisis similar to 2007 . . .

     

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