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Start by marking The Secondary Banking Crisis, 1973-75: Its Causes and Course as Want to Read: Want to Read savin. ant to Read. Details (if other): Cancel. Thanks for telling us about the problem. The Secondary Banking Crisis, 1973-75: Its Causes and Course. by. Margaret Reid, David Kynaston (Introduction).

Its Causes and Course. Authors: Reid, Margaret. eBook 54,99 €. price for Russian Federation (gross).

The secondary banking crisis of 1973–1975 was a dramatic crash in British property prices that caused dozens of small ("secondary") lending banks to be threatened with bankruptcy. The secondary banks, like the larger institutions, had been lending heavily based on the previously rising housing prices of the late 1960s and early 1970s, borrowing excessively in relation to the collateral assets.

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The Secondary Banking Crisis, 1973–75: Its Causes and Course. Macmillan, London (1982)/ 2nd ed, Hindsight, London (2003).

The secondary banks, like the larger institutions, had been lending based on the recently rising housing prices in the late 1960s and early 1970s, and they had been borrowing heavily to hold the loan assets. The rise in housing prices was seen as the last hurrah of the British postwar. A sudden downturn in housing market prices and hikes in interest rates well before the November 1973 oil crisis left the smaller institutions holding many loans secured by property with lower value than the loans. The Secondary Banking Crisis, 1973–75: Its Causes and Course.

The secondary banking crisis, 1973-75. 1 2 3 4 5. Want to Read. Are you sure you want to remove The secondary banking crisis, 1973-75 from your list? The secondary banking crisis, 1973-75. its causes and course. Published 1982 by Macmillan in London.

The causes of the Banking Crisis remain a source of debate. Some blame the lax regulation of lenders, and policy driven inflationary pressures (the so-called "Barber Boom", after Chancellor of the Exchequer Anthony Barber) which failed to even correct its initial target: high unemployment rates  . Macmillan, London (1982)/ 2nd ed, Hindsight, London (2003) ISBN 978-541567-2-5. a b Ringshaw, Grant (1 February 2003).

Published October 31st 2003 by Hindsight Books Limited (first published January 1st 2003).

The Secondary Banking Crisis, 1973-75: Its Causes and Course. Margaret Reid David Kynaston. Published October 31st 2003 by Hindsight Books Limited (first published January 1st 2003). Physical Description.