Eurocritical by Roderick Macdonald
Author:Roderick Macdonald
Language: eng
Format: epub
ISBN: 9781137346285
Publisher: Palgrave Macmillan UK
The circumstances of the crisis were the factors contributing to the real estate boom; the key instigating factor was the herd behaviour of the banks lending to developers. See Fig. 18.
Fig. 18The dynamic behind the bursting real estate bubble
References6
Ahearne, Alan. 2005. What goes up often comes down – with a big bang. Bruegal. http://bruegel.org/2005/10/what-goes-up-often-comes-down-with-a-big-bang/ Accessed August 16, 2017.
Anonymous. 1984. Building on Reality. Stationery Office. Dublin.
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