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History of the Housing Crisis

Rebecca Searle
Livre relié | Anglais | Polemics
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Description

In History of the Housing Crisis, Rebecca Searle offers a unique insight into the long history of the housing crisis, telling three stories that are central to understanding the contemporary crisis. The first explores the growth of owner occupation and how this was fostered by generations of parliamentarians as they wrested to contain the disruptive potential of democratization. The rise and fall of council housing is traced in the second story, which documents how a rent strike organized by Glasgow women forced the introduction of rent controls and council house building. Finally, the third story details the surprising legacy of the strikes, which was the boost they gave to the housing finance industry. Searle charts how successive property booms were fueled by lenders using financial mechanisms to displace risk to extend loans to lower-earning households. Rising interest rates placed strain on overextended borrowers and as boom turned to bust, wider economic turbulence ensued. Today we sit upon the largest housing bubble yet seen. As interest rates creep up, this book offers a timely intervention on how housing policy could better house the people.

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Auteur(s) :
Editeur:

Contenu

Nombre de pages :
138
Langue:
Anglais
Collection :

Caractéristiques

EAN:
9781786616241
Date de parution :
23-11-22
Format:
Livre relié
Format numérique:
Genaaid
Dimensions :
152 mm x 229 mm
Poids :
376 g

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