Beschreibung:
The US subprime mortgage crisis, by nearly causing the collapse of the global financial system during the 2007-08 financial crisis, clearly revealed that household debt management is critical to the stability of the international economy. The configuration of mortgage finance systems of European economies, from the UK to Sweden to Spain, have profound effects on national macroeconomic and political outcomes.
Foreword by Erik Jones1. Housing and the great debt transformation2. Housing and financialization3. Housing and macroeconomic instability4. Housing and inequality5. Housing and politics6. Housing and the future