Summary: The Housing Boom and Bust

The must-read summary of Thomas Sowell's book: 'The Housing Boom and Bust'.This complete summary of 'The Housing Boom and Bust' by Thomas Sowell, a prominent American economist and social theorist, presents his assessment of the economic and political reasons behind the rise and decline of the housing market during the last decade. He argues that government interventions are not effective, and that political parties created financial dangers that led to the sub-prime mortgage crisis and subsequent economic collapse.Added-value of this summary:* Save time* Understand how creative marketing for mortgages led to financial collapse* Expand your knowledge of economics and American politicsTo learn more, read 'The Housing Boom and Bust' and discover the economic and political reasons behind the rise and decline of the housing market in the last decade.