Housing Economics

A Historical Approach

Business & Finance, Economics, Urban & Regional, Nonfiction, Social & Cultural Studies, Political Science, Government, Social Policy
Cover of the book Housing Economics by Geoffrey Meen, Kenneth Gibb, Chris Leishman, Christian Nygaard, Palgrave Macmillan UK
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Author: Geoffrey Meen, Kenneth Gibb, Chris Leishman, Christian Nygaard ISBN: 9781137472717
Publisher: Palgrave Macmillan UK Publication: April 29, 2016
Imprint: Palgrave Macmillan Language: English
Author: Geoffrey Meen, Kenneth Gibb, Chris Leishman, Christian Nygaard
ISBN: 9781137472717
Publisher: Palgrave Macmillan UK
Publication: April 29, 2016
Imprint: Palgrave Macmillan
Language: English

The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run social progress, littered with major disasters; nevertheless the progress is often forgotten, whilst the difficulties hit the headlines. Housing Economics provides a long-term economic perspective on macro and urban housing issues, from the Victorian era onwards. A historical perspective sheds light on modern problems and the constraints on what can be achieved; it concentrates on the key policy issues of housing supply, affordability, tenure, the distribution of migrant communities, mortgage markets and household mobility. Local case studies are interwoven with city-wide aggregate analysis. Three sets of issues are addressed: the underlying reasons for the initial establishment of residential neighbourhoods, the processes that generate growth, decline and patterns of integration/segregation, and the impact of historical development on current problems and the implications for policy.

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The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run social progress, littered with major disasters; nevertheless the progress is often forgotten, whilst the difficulties hit the headlines. Housing Economics provides a long-term economic perspective on macro and urban housing issues, from the Victorian era onwards. A historical perspective sheds light on modern problems and the constraints on what can be achieved; it concentrates on the key policy issues of housing supply, affordability, tenure, the distribution of migrant communities, mortgage markets and household mobility. Local case studies are interwoven with city-wide aggregate analysis. Three sets of issues are addressed: the underlying reasons for the initial establishment of residential neighbourhoods, the processes that generate growth, decline and patterns of integration/segregation, and the impact of historical development on current problems and the implications for policy.

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