Investment in housing, it is very cyclical sub-component of GDP, a significant source of its fluctuations. Recent developments in the housing market are central to the collapse of the financial markets and the deep recession that began in late 2007. This note provides background information on the so-called real estate bubble, and, thus, highlights some of the major sources of instability in the housing and investment property market. "Hide
by Alan R Beckenstein 12 pages. Publication Date: December 21, 2009. Prod. #: UV3931-PDF-ENG
