| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18852 |
| 来源ID | Working Paper 18852 |
| The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections | |
| Michael Brocker; Christopher Hanes | |
| 发表日期 | 2013-02-28 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | In the 1929-1933 downturn of the Great Depression, house values and homeownership rates fell more, and mortgage foreclosure rates were higher, in cities that had experienced relatively high rates of house construction in the residential real-estate boom of the mid-1920s. Across the 1920s, boom cities had seen the biggest increases in house values and homeownership rates. These patterns suggest that the mid-1920s boom contributed to the depth of the Great Depression through wealth and financial effects of falling house values. Also, they are very similar to cross-sectional patterns across metro areas around 2006. |
| 主题 | History ; Macroeconomic History ; Financial History ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w18852 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576527 |
| 推荐引用方式 GB/T 7714 | Michael Brocker,Christopher Hanes. The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections. 2013. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18852.pdf（250KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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