The Housing Boom and Bust

The Housing Boom and Bust. Basic Books, New York, 2009.

Sowell offers a tour of the housing boom and bust that has much to say to both the specialist and the non-specialist alike. Drawing on a wide range of sources, decades of scholarship, and his signature style and wit, Sowell exemplifies how what is true is not always popular, and what is popular is not always true. If you really want to understand the causes and consequences of the housing boom and bust, this should be at the top of your reading list.