What role did real estate play in causing and exacerbating the Asian financial crisis? This study shows its role in inducing the crisis; its linkage to the general economy; the reasons for real estate booms and busts; and the economic costs of real estate price volatility.
What role did real estate play in causing and exacerbating the Asian financial crisis? This study shows its role in inducing the crisis; its linkage t...
This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.
This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real es...
