Recession Chronicles by William L Pittenger

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Recession Chronicles by William L Pittenger

What started as overbuilding in a few American cities turned into the broadest, deepest and most severe economic downturn since the Great Depression of the 1930s. When the subprime lending market imploded in the latter months of 2007, the disastrous effects were felt in housing, then employment, then commercial real estate, then banking, then throughout the broader economy. The Great Recession, as it has come to be known, was unusual. Most recessions are triggered by monetary policy gone awry or by some sort of economic shock which eventually infects the housing sector. Not so this time. The recession began in housing and quickly expanded into other sectors and eventually to the broader economy in both the U.S. and abroad. Author and real estate economist, William Bill Pittenger tracked The Great Recession at virtually every step of the way. As he did, he wrote about what he was witnessing personally and through his comprehensive economic research and analysis. He recorded it all contemporaneously. That research is presented in a compilation of 150 contemporaneous essays written between 2007 and 2013. His essays record the prelude to recession in 2007; the depths of the recession in 2008 and 2009 and the agonizingly slow recovery we are still experiencing today - some five years after the recession technically ended.
William Bill Pittenger is a long time appraiser, economist, banker and bank regulator. His career spans more than 40 years. He holds the MAI and SRA professional designations of the Appraisal Institute. He is retired from daily practice but remains a prolific economic and real estate writer as well as speaker, lecturer, teacher and consultant. He is at home in Saint Cloud, Florida, a suburb or Orlando.
SKU Unavailable
ISBN 13 9780578150390
ISBN 10 0578150395
Title Recession Chronicles
Author William L Pittenger
Condition Unavailable
Binding Type Paperback
Publisher Bill Pittenger Real Estate Economics, LLC
Year published 2014-10-01
Number of pages 456
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.