Harvard Kennedy School Insight
Joseph Newhouse on Healthcare
Virtual Book Tour
Virtual Book Tour features Itamar Rabinovich's book - "The View from Damascus"
Home > News & Events > Events Calendar > House Prices and the Current Financial Crisis: How Will the Market Clear?
Event Detail
print
emailMonday, September 22, 2008
House Prices and the Current Financial Crisis: How Will the Market Clear?
What can we learn about housing and the economy from previous downturns in real estate markets? In recent work, Karl ‘Chip’ Case has found that if the current decline in housing starts and residential investment are similar to previous downturns, they may directly reduce growth in the Gross National Product by about 3 percent. Housing’s actual impact on the economy may be even greater, however, because of housing-related turmoil in financial markets.
- Location:Bell Hall, 5th floor Belfer Building
- Date:Monday, September 22, 2008
-
Time:5:30 PM
