Housing bubbles burst, creating economic misery for millions. Over the past thirty years, the culture of property ownership has become so ingrained that policy makers, bankers and households have taken for granted that housing is a good investment and forgotten about the bust. Explaining how the current crisis in housing markets has arisen, this topical and sharp analysis considers the causes of house price bubbles and the reason for the collapse in markets worldwide. Written for students, it explains the economic cycle of housing, ways in which future booms and busts can be mitigated and how the lessons of this latest housing bubble can finally be learned.
Housing bubbles burst, creating economic misery for millions. Over the past thirty years, the culture of property ownership has become so ingrained that policy makers, bankers and households have taken for granted that housing is a good investment and forgotten about the bust. Explaining how the current crisis in housing markets has arisen, this topical and sharp analysis considers the causes of house price bubbles and the reason for the collapse in markets worldwide. Written for students, it explains the economic cycle of housing, ways in which future booms and busts can be mitigated and how the lessons of this latest housing bubble can finally be learned.
This book demonstrates how housing systems are built from political struggles over the distribution of welfare and wealth. The contributors analyze varieties of residential capitalism through a range...
For most of recorded history, copper has proven invaluable: not only did the ancient Romans build their empire on mining copper but Christopher Columbus protected his ships from rot by lining their...
Boom and Bust traces the movie industry through the momentous decade of the 1940s. It discusses changes in the structure of the studio system-including the shift to independent production-and the...
Baby Boom or Bust is a mostly chronological, frequently irreverent memoir that crosses six notable decades. Baby boomers were borne of The Silent Generation, a large group of prolific breeders...
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