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gptkbp:instanceOf
|
economic crisis
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|
gptkbp:alsoKnownAs
|
United States housing bubble
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|
gptkbp:causedBy
|
gptkb:public_policy
speculation
deregulation
low interest rates
mortgage-backed securities
subprime mortgage crisis
predatory lending
easy credit conditions
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:effect
|
gptkb:Great_Recession
bank failures
global financial crisis
foreclosure crisis
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|
gptkbp:endDate
|
2007
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|
https://www.w3.org/2000/01/rdf-schema#label
|
Housing Bubble (2000s)
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|
gptkbp:location
|
gptkb:Arizona
gptkb:California
gptkb:Florida
gptkb:Nevada
gptkb:United_States
|
|
gptkbp:mediaCoverage
|
gptkb:PBS_NewsHour
gptkb:60_Minutes
gptkb:Too_Big_to_Fail
gptkb:The_Big_Short
gptkb:Margin_Call
gptkb:Inside_Job
Frontline: The Warning
Michael Lewis (author)
|
|
gptkbp:notableEvent
|
gptkb:TARP_(Troubled_Asset_Relief_Program)
collapse of Lehman Brothers
bailout of Fannie Mae and Freddie Mac
|
|
gptkbp:notableOrganization
|
gptkb:Federal_Reserve
gptkb:Goldman_Sachs
gptkb:Lehman_Brothers
gptkb:AIG
gptkb:Bank_of_America
gptkb:Citigroup
gptkb:Fannie_Mae
gptkb:Freddie_Mac
gptkb:Bear_Stearns
gptkb:Countrywide_Financial
JP Morgan Chase
Wells Fargo
|
|
gptkbp:notablePerson
|
gptkb:Barack_Obama
gptkb:Ben_Bernanke
gptkb:George_W._Bush
gptkb:Henry_Paulson
gptkb:Alan_Greenspan
gptkb:Barney_Frank
|
|
gptkbp:peakProductionYear
|
2006
|
|
gptkbp:relatedTo
|
gptkb:Dot-com_bubble
gptkb:Financial_crisis_of_2007–2008
gptkb:European_debt_crisis
|
|
gptkbp:startDate
|
2000
|
|
gptkbp:statistic
|
home prices doubled in many areas between 2000 and 2006
millions of foreclosures between 2007 and 2010
over $8 trillion in home values lost
over 4 million homes foreclosed
over 8 million jobs lost
stock market lost nearly 50% of value
unemployment rate peaked at 10% in 2009
|
|
gptkbp:bfsParent
|
gptkb:Speculative_Manias
|
|
gptkbp:bfsLayer
|
8
|