financial crisis - the mortgage credit cycle and the home price cycle. In the viewpoint of mortgage lending, the main demand … (UCC) for owning between 2002-2006. UCC was, in turn, influenced by three key factors - the record low mortgage interest … as a significant shift factor in the demand side. In the supply-side, the main drivers for the boom-bust of mortgage …

Florida land boom of the mid-1920s, the U.S.' first housing boom in which buyers from around the nation participated …. Estimates suggest that an astounding 20 million lots were offered for sale in Florida at that time. Our detailed narrative and … all actors behaving with "bounded rationality." We find that most Florida banks that failed were associated with the …