Summary of Activities

Summary of Activities

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Publisher:

Published: 1982

Total Pages: 156

ISBN-13:

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Public Spirit in the Thrift Tragedy

Public Spirit in the Thrift Tragedy

Author: Mark Carl Rom

Publisher: University of Pittsburgh Pre

Published: 2010-11-23

Total Pages: 337

ISBN-13: 0822974835

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Winner of the Harold Lasswell Award of the American Political Science Association The FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this "thrift tragedy." He directly confronts-and rejects-the dominant scholarly "public choice" view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the "public spirit" by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.


Housing and the New Financial Mark

Housing and the New Financial Mark

Author: Richard Florida

Publisher: Routledge

Published: 2019-07-12

Total Pages: 501

ISBN-13: 1000661733

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This book explores how deregulation affect housing finance, and gives the broad patterns of development of institutions participating in mortgage markets. It also explores how the new housing finance system influences the cost and affordability of shelter.