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After the Housing Bubble Burst, 36 minutes, 2008 (Ref: 635) |
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This is a follow up to
the “30 Minuts” report on the “Bursting Housing
Bubble”. In 2007, the property boom came to a
grinding halt and booming house prices and sales are
now a thing of the past, in Spain, the UK, Ireland
and the USA. Developers, builders, estate agents,
notaries, bankers, high officials in the European
government and university professors discuss the
real-estate crisis and the way it is sapping
confidence in financial markets. To describe the new
scenario, “30 Minuts” has returned to see how some
of the people interviewed in the last report are
getting by. The film crew also returned to the
United States to look at how it all started:
subprime mortgages and investment products based on
mortgages, in both Europe and the US. Getting a loan
is now harder and money is not flowing as freely as
it did a few years ago, and this is being keenly
felt by those who need mortgages. |
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| More Stories about World Economic Issues |
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Living with Corruption,
Ref: 628 |
Russian Entrepreneur,
Ref: 534 |
Blood on the Stone,
Ref: 533 |
Developing China,
Ref: 510a |
Boeing: How Safe is Your Plane?
Ref: 506 |
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India: Call Centres,
Ref: 424 |
Google - No Ordinary Company,
Ref: 395 |
Who Gets the Contracts,
Ref: 333 |
The Bursting Housing Bubble,
Ref: 115tvc |
Drowning in Oil,
Ref: 110tvc | |
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