When the economy crashed in 2008, the housing bubble burst with it. For-sale signs and foreclosed homes dotted the American landscape. But the severity of the housing crisis varied by region, and a new study from the Lincoln Institute of Land Policy suggests that we can prevent housing bubbles, or at least dampen the damage they cause, by implementing policy by region.
via Regional Policy Could Help Limit Damage of Housing Bubbles – Next City.
- Don’t Believe New Housing Bubble Hype (blogs.wsj.com)
- Monetary Policy Not Enough to Prevent Bubbles (privatelendingforumblog.com)