Add to ORKGCan a US-style housing bust happen in Canada? Recent swings in Canadian house prices have raised concerns about the possibility. To evaluate the likelihood of a US style housing market crash in Canada, this paper examines what caused the US housing boom and bust from 2000 to 2009. A decline in underwriting standards played an essential role in the US housing market boom and dramatic bust. While monetary policy was very similar in both countries from 2000 to 2008, housing markets (especially the subprime component) were structured and regulated differently in each. Canadian housing policies, which avoided the sharp decline in underwriting standards seen in the US, worked well in reducing the possibility of a housing bust in Canada during 200...
Financial and real estate crises have been the most prevalent forms of economic catastrophe over the...
This paper uses a small-open economy model for the Canadian economy to examine the optimal Taylor-ty...
Much research and commentary has been written on the impacts of subprime and other ‘exotic’ mortgage...
The 2008 financial crisis resulted in the end of a long period of booming housing prices and economi...
This paper determines how mortgage rate and income shocks affect new and resale housing prices, hous...
The crisis enveloping global financial markets since August 2007 was triggered by actual and prospec...
The British sometimes use the phrase “safe as houses” to describe a sure bet or an investment that c...
In 2007, the United States suffered what is known as the Subprime Mortgage Crisis . This took an en...
As financial markets move toward increased globalization, it becomes worth considering whether inher...
This article explains the link between mortgages insured by government agencies and the underlying h...
An unsustainable weakening of credit standards induced a US mortgage and housing bubble whose consum...
The subprime crisis impacted not only the U.S. but other countries. However, the responses to the cr...
This study reports evidence of the existence of house price bubbles in several Canadian provinces ar...
This paper investigates the impact of what the extant literature has come to view as some of the maj...
Understanding how much of the increased debt load of Canadian households has been used to finance ho...
Financial and real estate crises have been the most prevalent forms of economic catastrophe over the...
This paper uses a small-open economy model for the Canadian economy to examine the optimal Taylor-ty...
Much research and commentary has been written on the impacts of subprime and other ‘exotic’ mortgage...
The 2008 financial crisis resulted in the end of a long period of booming housing prices and economi...
This paper determines how mortgage rate and income shocks affect new and resale housing prices, hous...
The crisis enveloping global financial markets since August 2007 was triggered by actual and prospec...
The British sometimes use the phrase “safe as houses” to describe a sure bet or an investment that c...
In 2007, the United States suffered what is known as the Subprime Mortgage Crisis . This took an en...
As financial markets move toward increased globalization, it becomes worth considering whether inher...
This article explains the link between mortgages insured by government agencies and the underlying h...
An unsustainable weakening of credit standards induced a US mortgage and housing bubble whose consum...
The subprime crisis impacted not only the U.S. but other countries. However, the responses to the cr...
This study reports evidence of the existence of house price bubbles in several Canadian provinces ar...
This paper investigates the impact of what the extant literature has come to view as some of the maj...
Understanding how much of the increased debt load of Canadian households has been used to finance ho...
Financial and real estate crises have been the most prevalent forms of economic catastrophe over the...
This paper uses a small-open economy model for the Canadian economy to examine the optimal Taylor-ty...
Much research and commentary has been written on the impacts of subprime and other ‘exotic’ mortgage...