This ebook consists of a summary of the ideas, viewpoints and facts presented by Thomas Sowell in his book "e;The Housing Boom and Bust"e;. This summary offers a concise overview of the entire book in less than 30 minutes reading time. However this work does not replace in any case Thomas Sowell's book.Sowell offers an assessment of the economic and political reasons behind the rise and decline of the housing market of during the last decade. And he argues the government interventions only lead to "e;quick fixes and poorly thoughts policies"e;.