Lesson 9: Housing Market Collapse and Foreclosure Tsunami 2008-2012
October 1, 2019
Review:
- Deregulation and the 2008 Housing Crisis
Presentation:
- Home Price Index (HPI): Bubble, Bust and Recovery


- Mortgage Meltdown as reported on CBS 60 Minutes
- US Mortgage Meltdown (May 2008; 12 min)
- Walking Away from Underwater Mortgages (May 2010; 12 min)
- Neighborhood Deterioration (Dec 2011; 13 min)
- “Banks are Destroying America’s Neighborhoods” blog posts (2012)
- Some housing markets are still struggling.
Assignment:
- Watch Left Behind America (PBS Frontline)