The mortgage crisis and problems in the housing market in Great Britain

This bachelor thesis is divided into 4 chapters. The theoretical introduction explains the theory of financial crises, their kinds, main features, and their causes in general. The second chapter explains the american subprime mortgage crisis, its causes and consequences. The third chapter is dedicated to Great Britain, explains the term "credit crunch", describes the causes of the crisis and current situation. The fourth chapter is focused on the housing market in Great Britain and its state before and after the crisis