Rethinking the Economics of Land and Housing

Author: Josh Ryan-Collins,Toby Lloyd,Laurie Macfarlane
Publisher: Zed Books Ltd.
ISBN: 1786991217
Category: Business & Economics
Page: 280
View: 2512

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Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

Rethinking the Economics of Land and Housing

Author: Josh Ryan-Collins,Toby Lloyd,Laurie Macfarlane
Publisher: Zed Books
ISBN: 9781786991195
Page: 288
View: 9871

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Why are house prices in many advanced economies rising faster than incomes? What is the relationship between the financial system and the price of land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies, including housing crises, financial instability, and growing inequalities, are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, Rethinking the Economics of Land and Housing argues that in order to tackle these increasingly pressing issues a major re-thinking by both politicians and economists is required. This is the first comprehensive guide to the role of land in the economy, making this an essential reference for students, scholars, policymakers, activists, and NGOs working on land issues.

Rethinking the Economics of Land and Housing

Author: Josh Ryan-Collins,Toby Lloyd,Laurie Macfarlane
Publisher: Zed Books
ISBN: 9781786991188
Page: 288
View: 5358

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A comprehensive, critical but accessible guide to the role of land in housing policy and how it has been excluded from mainstream economic theory.

Rethinking Housing Bubbles

The Role of Household and Bank Balance Sheets in Modeling Economic Cycles
Author: Steven D. Gjerstad,Vernon L. Smith
Publisher: Cambridge University Press
ISBN: 113995203X
Category: Business & Economics
Page: N.A
View: 1328

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In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith analyze the role of housing and its associated mortgage financing as a key element of economic cycles. The authors combine data from both laboratory and real markets to provide insight into the bubble propensity of real-world economic actors and use novel historical analysis on the Great Recession, the Great Depression, and all of the post-World War II recessions to establish the critical roles of housing, private-capital investment, and household and private institutional balance sheets in economic cycles. They develop a model that incorporates household balance sheets and bank balance sheets and offers insights based on this analysis concerning policy going forward, effectively changing the way economists think about economic cycles.

Urban Land Rent

Singapore as a Property State
Author: Anne Haila
Publisher: John Wiley & Sons
ISBN: 1118827678
Category: Science
Page: 300
View: 3306

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In "Urban Land Rent," Anne Haila develops an original theory of urban land rent with important implications for urban studies and urban theory. The book is a comprehensive analysis of land, rent theory, and the modern city, using Singapore as a case study. It examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land. In doing so, it details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities, such as Hong Kong. The book also incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate. The result is a timely and in-depth examination of the role of land and real estate in urban and economic development with insights for scholars and professionals in a range of fields, from geography and planning to development and real estate.

Housing Markets and the Economy

Risk, Regulation, and Policy : Essays in Honor of Karl E. Case
Author: Karl E. Case
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558441842
Category: Business & Economics
Page: 417
View: 6415

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Based on the work of Karl "Chip" Case, who is renowned for his scientific contributions to the economics of housing and public policy, this is a must read during a time of restructuring our nation's system of housing finance.

A Primer on U.S. Housing Markets and Housing Policy

Author: Richard K. Green,Stephen Malpezzi
Publisher: The Urban Insitute
ISBN: 9780877667025
Category: Political Science
Page: 226
View: 7224

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The first book that explains the economics of housing policy for a general audience. Planners, government officials, and public policy students will find that the economic perspective is a very powerful and useful way to examine these issues. The authors provide a broad review of the market for housing services in the U.S., including a conceptual framework, an overview of housing demand and supply, methods for measuring prices and quantities, and sources of basic data on markets. They cover housing programs and polices, and offer answers to policy questions that are of current interest. The book has been field-tested in graduate and undergraduate courses in urban and housing economics at the University of Wisconsin, the University of California--Berkeley, The University of Pennsylvania, and others. This book is also sure to be useful to policymakers, advocates, economists, and anyone interested in a clear picture of how housing markets function. Published in cooperation with the American Real Estate and Urban Economics Association (AREUEA).

Redesigning the American Dream

The Future of Housing, Work, and Family Life
Author: Dolores Hayden
Publisher: W. W. Norton & Company
ISBN: 9780393730944
Category: Architecture
Page: 286
View: 9067

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In a provocative critique of American housing patterns that perpetuate Victorian stereotypes of the home as "woman's place" and the city as "man's world", urban historian and architect Dolores Hayden tallies the personal and social costs that an "architecture of gender" creates for the two-earner family, the single-parent family, and single people. She traces three models of home in historical perspective to document innovative alternatives for reconstructing neighborhoods.

Why Can't You Afford a Home?

Author: Josh Ryan-Collins
Publisher: Polity
ISBN: 9781509523252
Category: Political Science
Page: 140
View: 3626

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Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.

The Economics of Housing Markets

Author: A. Goodman,R. Muth
Publisher: Taylor & Francis
ISBN: 113646106X
Category: Business & Economics
Page: 160
View: 6509

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A state of the art overview of theoretical and empirical aspects of housing market research.

Rethinking the American City

An International Dialogue
Author: Miles Orvell,Klaus Benesch,Dolores Hayden
Publisher: University of Pennsylvania Press
ISBN: 081224561X
Category: Architecture
Page: 245
View: 8523

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Whether struggling in the wake of postindustrial decay or reinventing themselves with new technologies and populations, cities have once again moved to the center of intellectual and political concern. Rethinking the American City brings together leading scholars from a range of disciplines to examine an array of topics that illuminate the past, present, and future of cities. Rethinking the American City offers a lively and fascinating survey of contemporary thinking about cities in a transnational context. Utilizing an innovative format, each chapter opens with an iconic image and includes a brief and provocative essay on a single topic followed by an extended dialogue among all the essayists. Topics range from energy use, design, and digital media to transportation systems and housing to public art, urban ruins, and futurist visions. By engaging with key contemporary concerns—public and private space, sustainability, ethnic and racial divisions, and technology—this volume illuminates how global society has imagined American urban life. Contributors: Klaus Benesch, Dolores Hayden, David M. Lubin, Malcolm McCullough, Jeffrey L. Meikle, David E. Nye, Miles Orvell, Andrew Ross, Mabel O. Wilson, Albena Yaneva.

Revisiting Rental Housing

Policies, Programs, and Priorities
Author: Nicolas P. Retsinas,Eric S. Belsky
Publisher: Brookings Institution Press
ISBN: 9780815774129
Category: Social Science
Page: 370
View: 9448

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Rental housing is increasingly recognized as a vital housing option in the United States. Government policies and programs continue to grapple with problematic issues, however, including affordability, distressed urban neighborhoods, concentrated poverty, substandard housing stock, and the unmet needs of the disabled, the elderly, and the homeless. In R evisiting Rental Housing, leading housing researchers build upon decades of experience, research, and evaluation to inform our understanding of the nation's rental housing challenges and what can be done about them. It thoughtfully addresses not only present issues affecting rental housing, but also viable solutions. The first section reviews the contributing factors and primary problems generated by the operation of rental markets. In the second section, contributors dissect how policies and programs have—or have not—dealt with the primary challenges; what improvements—if any—have been gained; and the lessons learned in the process. The final section looks to potential new directions in housing policy, including integrating best practices from past lessons into existing programs, and new innovations for large-scale, long-term market and policy solutions that get to the root of rental housing challenges. Contributors include William C. Apgar (Harvard University), Anthony Downs (Brookings), Rachel Drew (Harvard University), Ingrid Gould Ellen (New York University), George C. Galster (Wayne State University), Bruce Katz (Brookings), Jill Khadduri (Abt Associates), Shekar Narasimhan (Beekman Advisors), Rolf Pendall (Cornell University), John M. Quigley (University of California–Berkeley), James A. Riccio (MDRC), Stuart S. Rosenthal (Syracuse University), Margery Austin Turner (Urban Institute), and Charles Wilkins (Compass Group).

Rethinking Federal Housing Policy

How to Make Housing Plentiful and Affordable
Author: Edward Ludwig Glaeser,Joseph E. Gyourko
Publisher: A E I Press
ISBN: 9780844742731
Category: Business & Economics
Page: 204
View: 9055

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In Rethinking Federal Housing Policy: How to Make Housing Plentiful and Affordable, Edward L. Glaeser and Joseph Gyourko explain why housing is so expensive in some areas and outline a plan for making it more affordable.

Housing Economics and Public Policy

Author: Anthony O'Sullivan,Kenneth Gibb
Publisher: John Wiley & Sons
ISBN: 0470680415
Category: Business & Economics
Page: 352
View: 4107

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This book is a timely assessment of 20 years of progress in the field of housing economics and its application to policy and practice. Two decades on from the publication of Duncan Maclennan's influential Housing Economics, 16 leading housing experts - both academics and policy makers from across the world - now honour Maclennan's contributions. The chapters here present a contemporary survey of key issues in housing, from urban housing markets and sub-market modelling, to the economics of social housing, the basis for housing planning, economic analysis of neighbourhoods, and the connections between academic work and policy development. For students, researchers and practitioners in housing, urban economics and social policy, Housing Economics and Public Policy: . provides up to date and comprehensive reviews of major areas of the housing economics literature . sheds light on the economic, social and spatial processes that affect housing . includes discussion of major areas of cutting edge housing economics research and identifies continuing gaps . presents a synthesis of housing economics research on both sides of the Atlantic . assesses the impact of theory on policy and practice

The Econocracy

On the Perils of Leaving Economics to the Experts
Author: Joe Earle,Cahal Moran,Zach Ward-Perkins
Publisher: Penguin UK
ISBN: 0141986883
Category: Political Science
Page: 240
View: 4178

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A century ago, the idea of 'the economy' didn't exist. Now economics is the supreme ideology of our time, with its own rules and language. The trouble is, most of us can't speak it. This is damaging democracy. Dangerous agendas are hidden inside mathematical wrappers; controversial policies are presented as 'proven' by the models of economic 'science'. Government is being turned over to a publicly unaccountable technocratic elite. The Econocracy reveals that economics is too important to be left to the economists - and shows us how we can begin to participate more fully in the decisions which affect all our futures.

America's Trillion-dollar Housing Mistake

The Failure of American Housing Policy
Author: Howard Husock
Publisher: Ivan R Dee
Category: Business & Economics
Page: 140
View: 4007

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This book explains how public housing projects are not the only housing policy mistakes. Lesser known efforts are just as pernicious, working in concert to undermine sound neighborhoods and perpetuate a dependent underclass.

Sharing Economies in Times of Crisis

Practices, Politics and Possibilities
Author: Anthony Ince,Sarah Marie Hall
Publisher: Routledge
ISBN: 1317337697
Category: Business & Economics
Page: 194
View: 6164

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The ‘new sharing economy’ is a growing phenomenon across the Global North. It claims to transform relationships of production and consumption in a way that can improve our lives, reduce environmental impacts, and reduce the cost of living. Amidst various economic, environmental, and other crises, this message has strong resonance. Yet, it is not without controversy, and there have been heated debates over negative dimensions for workers and consumers alike. This book stretches far beyond the sharing economy as it is popularly defined, and explores the complex intersections of ‘sharing’ and ‘the economy’, and how a better understanding of these relationships might help us address the multiple crises that confront contemporary societies. The contributors to this book explore a wide diversity of sharing systems and practices from various empirical case studies, ranging from hospitality to seed-swapping, and from indigenous land rights to alcohol consumption. In each chapter, a different crisis or vulnerability frames and shapes the study, allowing contributors to unpick the ways in which crisis and sharing relate to each other in real life. The book is divided into three thematic sections. Following an extended introduction to the themes and ideas of the book by the editors, the first section foregrounds the shaping of sharing practices by already existing or anticipated crises. The second section focuses on the lived relations between sharing and economic practice. In the third section, authors conclude the book by exploring the possibilities and challenges for creating alternative economic forms grounded in practices of sharing. This edited volume makes a major, original contribution towards academic understandings of sharing economies in the context of crises. It is suitable for both students and academics who are interested in political economy, economic geography and consumption.

Rethinking Economic Policy for Social Justice

The radical potential of human rights
Author: Radhika Balakrishnan,James Heintz,Diane Elson
Publisher: Routledge
ISBN: 1317572114
Category: Business & Economics
Page: 166
View: 4094

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The dominant approach to economic policy has so far failed to adequately address the pressing challenges the world faces today: extreme poverty, widespread joblessness and precarious employment, burgeoning inequality, and large-scale environmental threats. This message was brought home forcibly by the 2008 global economic crisis. Rethinking Economic Policy for Social Justice shows how human rights have the potential to transform economic thinking and policy-making with far-reaching consequences for social justice. The authors make the case for a new normative and analytical framework, based on a broader range of objectives which have the potential to increase the substantive freedoms and choices people enjoy in the course of their lives and not on not upon narrow goals such as the growth of gross domestic product. The book covers a range of issues including inequality, fiscal and monetary policy, international development assistance, financial markets, globalization, and economic instability. This new approach allows for a complex interaction between individual rights, collective rights and collective action, as well as encompassing a legal framework which offers formal mechanisms through which unjust policy can be protested. This highly original and accessible book will be essential reading for human rights advocates, economists, policy-makers and those working on questions of social justice.

Housing America

Issues and Debates
Author: Emily Tumpson Molina
Publisher: Routledge
ISBN: 1317589742
Category: Social Science
Page: 208
View: 3846

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In an effort to explain why housing remains among the United States’ most enduring social problems, Housing America explores five of the U.S.’s most fundamental, recurrent issues in housing its population: affordability of housing, homelessness, segregation and discrimination in the housing market, homeownership and home financing, and planning. It describes these issues in detail, why they should be considered problems, the history and fundamental social debates surrounding them, and the past, current, and possible policy solutions to address them. While this book focuses on the major problems we face as a society in housing our population, it is also about the choices we make about what is valued in our society in our attempts to solve them. Housing America is appropriate for courses in urban studies, urban planning, and housing policy.

Rethinking Global Land Use in an Urban Era

Author: Karen C. Seto,Anette Reenberg
Publisher: MIT Press
ISBN: 0262026902
Category: Nature
Page: 394
View: 1120

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International experts examine the effects of urbanization and economic globalization on land use and offer new insights to advance understanding and sustainable practice.