Did Monetary Policy Cause a Housing in The US In The First Half Of The 2000S

Abstract

In the early 21st century, a global financial crisis occurred in the global financial history. The US subprime crisis in 2007 has evolved into a global financial crisis, which not only impacted the financial industry of various countries, but also spread to the sandwich economy. In this context, it is of great practical and theoretical significance to timely sort out various academic theoretical views on the causes of the financial crisis and analyze the deep causes of the current financial crisis using Marx's economic crisis theory, which has great enlightenment on the improvement and supervision of China's financial market. Based on data statistics and model recommendations, this paper deeply studies the causes of subprime housing credit in the United States, and concludes that the monetary policy of the Federal Reserve is to a large extent the main cause of the housing crisis in the United States.