Introduction -- The Impact of Investor Sentiment on REIT Returns -- Investor Sentiment and the Return and Volatility of REITs and Non-REITs during the Financial Crisis -- The Impact of Consumer Sentiment on the Number of New Home Sales -- Dissertation Conclusions.

Aronoff challenges the conventional view that reckless credit produced the US housing boom and the financial crisis, explaining how the large current account deficit, and its mercantilist origin, was a more fundamental cause