Gentrification and the Economic and Housing Crises of the 2000’s: A Critical Analysis of Government-Sponsored Enterprises and Predatory Lenders

Abstract

2013 dissertation for MBA in International Business. Selected by academic staff as a good example of a masters level dissertation. This study focuses on gentrification and the possible correlations with the economic and housing crises as well as the economic activity and mortgage market structure of Fannie Mae and Freddie Mac. The theories in this thesis are quantitative, and at times qualitative, and relate to financial, cultural, and organizational theories in the real estate market. The research methodology is both positivist primary and secondary in nature, and the two are used in union in order to attain a higher level of knowledge of the topic, and show correlations with the aforementioned factors and gentrification. The following sections, data analysis, conclusion and recommendation use the collection of research in order to formulate a focused and unbiased argument that shows a correlation of various factors to gentrification. Finally, further research on the influences of Fannie Mae and Freddie Mac and their policies is recommended for future managers and academics interested in gentrification

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