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EFFORTS UNDERTAKEN BY U.S. GOVERNMENT FOR STABILIZATION OF REAL ESTATE MARKET (2006-2012)
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EFFORTS UNDERTAKEN BY U.S. GOVERNMENT FOR STABILIZATION OF REAL ESTATE MARKET (2006-2012)
Annotation
PII
S268667300000617-8-1
Publication type
Article
Status
Published
Authors
Yevgeniy Dafner 
Edition
Issue 1 (517)
Pages
55-70
Abstract
The current economic crisis in the United States originated with the burst of housing market bubble, which in turn caused broad collapse of financial markets. Millions of homeowners couldn't afford their mortgage payments any longer, and as a result, lost their homes. The White House administration has implemented stimulus programs to support the flagging real estate sector, which at best has served to stabilize some local markets.
Keywords
real estate market, crisis, stimulus programs, white house administration, USA, mortgages, recovery of economy
Date of publication
01.01.2013
Number of purchasers
1
Views
739
Readers community rating
0.0 (0 votes)
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Additional sources and materials


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