The Effect of the Global Subprime Financial Crisis on the Macroeconomy and the Housing Market in the UK

Chapter
First Online:
Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Abstract

The housing bubble’s boom and bust made a significant contribution to the financial crisis, prompting a chain reaction that spread throughout the world. These events raised the eyebrows of investors worldwide. In this chapter, the author investigates the impact of the financial crisis on the UK’s macroeconomy and housing market.

Keywords

Subprime financial crisis Housing market US UK 
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Copyright information

© The Author(s) 2014

Authors and Affiliations

  1. 1.Sustainable Real Estate Research Center, Department of Economics and FinanceHong Kong Shue Yan UniversityHong KongHong Kong SAR

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