AUTHOR'S BIO
Michele Wucker
Michele Wucker is Executive Director of the World Policy Institute in New York City and author of Lockout: Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting It Right.
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Latin America's Resilient Housing Market
Michele Wucker Series: Latin America 2008-02-11As the US and Europe lower interest rates to try to revive their economies and calm financial markets, the most significant impact of the sub-prime mortgage crisis for Latin America may turn out to be inflation. Ironically, then, expanded access to mortgage lending in Latin America may end up protecting the region from the disaster that too-loose credit created in the US.... read Comments: 1 Recommended: 0 Read: 14395

