(Figure 4.4) generated by
a combination of an excessive production of new homes which outstripped demand, a foreclosure
tsunami arising from adjustable-rate mortgages resetting, overvaluation of properties,
speculators withdrawing from the market and borrowers overstretching themselves.
จากวงกลมการสร้างหุ้นส่วนที่อยู่อาศัย(รูป4.4)