House of debt: How they (and you) caused the great recession, and how we can prevent it from happening again
Mian, Atif
House of debt: How they (and you) caused the great recession, and how we can prevent it from happening again - Chicago The University of Chicago Press 2015 - 229 p. Includes bibliographical reference and index
The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression.
9780226271651
Textual
House of debt: How they (and you) caused the great recession, and how we can prevent it from happening again - Chicago The University of Chicago Press 2015 - 229 p. Includes bibliographical reference and index
The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression.
9780226271651
Textual