Author: | Koichi Mera, Bertrand Renaud | ISBN: | 9781315499994 |
Publisher: | Taylor and Francis | Publication: | July 8, 2016 |
Imprint: | Routledge | Language: | English |
Author: | Koichi Mera, Bertrand Renaud |
ISBN: | 9781315499994 |
Publisher: | Taylor and Francis |
Publication: | July 8, 2016 |
Imprint: | Routledge |
Language: | English |
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 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.