The Blackwell Companion to the Economics of Housing: The Housing Wealth of Nations

Front Cover
Susan J. Smith, Beverley A. Searle
John Wiley & Sons, Jan 22, 2010 - Business & Economics - 648 pages

The Blackwell Companion to the Economics of Housing will help students and professionals alike to explore key elements of the housing economy: home prices, housing wealth, mortgage debt, and financial risk.

  • Features 24 original essays, including an editorial introduction and three section overviews
  • Includes 39 world-class authors from a mix of educational and financial organizations in the UK, Europe, Australia, and North America
  • Broadly-based, scholarly, and accessible, serving students and professionals who wish to understand how today’s housing economy works
  • Profiles the role and relevance of housing wealth; the mismanagement of mortgage debt; and the pitfalls and potential of hedging housing risk
  • Key topics include: the housing price bubble and crash; the subprime mortgage crisis in the US and its aftermath; the links between housing wealth, the macroeconomy, and the welfare of home-occupiers; the mitigation of credit and housing investment risks
  • Specific case studies help to illustrate concepts, along with new data sets and analyses to illustrate empirical points

From inside the book

Contents

Acknowledgments
xxix
Chapter 1 Introduction
1
Part I Banking on Housing
29
Part II Housing Wealth As A Financial Buffer
225
Part III Mitigating Housing Risks
447
Index
608
Copyright

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About the author (2010)

Susan J. Smith is Mistress of Girton College Cambridge. She was previously Professor of Geography and a Director of the Institute of Advanced Study at Durham University. She is a graduate of Oxford University (MA, DPhil), a Fellow of the British Academy and of the Royal Society of Edinburgh, an Academician of the Academy of Social Sciences and a member of the Society of Authors. Professor Smith has published over 100 scholarly papers covering topics that range from residential segregation to health discrimination, from mortgage equity withdrawal to spread-betting on home price dynamics. Her books include Housing & Social Policy (1990), Housing for Health (2000), The Politics of Race and Residence (1989), and Children at Risk (1995). She is Editor-in-chief of the forthcoming International Encyclopedia of Housing and Home (2012) and has written a variety of press articles on home prices and housing markets.

Beverley A. Searle is a Lecturer in Human Geography at Durham University. She gained a PhD in 2005 from the University of York. Her research interest focuses on housing wealth and households' welfare and well-being. She is author of Well-being: In Search of a Good Life? (2008).

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