The Politics of Housing Booms and Busts

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  • Format: Paperback
  • Copyright: 2009-07-15
  • Publisher: Palgrave Macmillan
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This book demonstrates how housing systems are built from political struggles over the distribution of welfare and wealth. The contributors analyze varieties of residential capitalism through a range of international case studies, as well as investigating the links between housing finance and the current international financial crisis.

Author Biography

HERMAN SCHWARTZ is Professor of Politics at the University of Virginia, USA. A prolific author, his most recent book is Subprime Nation: American Power, Global Capital and the Housing Bubble. His other publications include Dominions of Debt and States versus Markets.

LEONARD SEABROOKE is Professor in International Political Economy in the Department of Politics and International Studies, and Director of the Centre for the Study of Globalization and Regionalization, at the University of Warwick, UK. His book publications include The Social Sources of Financial PowerUS Power in International Finance, Global Standards of Market Civilization (with Brett Bowden) and Everyday Politics of the World Economy (with John M. Hobson).

Table of Contents

Varieties of Residential Capitalism and the Politics of Housing Market Crashes--H.M.Schwartz& L.Seabrooke * Housing, Global Finance and American Hegemony: Building Conservative Politics One Brick at a Time--H.M.Schwartz * Constituting Monetary Conservatives via the Savings Habit: The Incorporation of the Ongoing British Housing Market Bubble into a System of Asset-Based Welfare--M.Watson * The Social Consequences of Neoliberalism: The Politics of Property Booms in New Zealand--A.Broome * The Bubble, bust and more boom: The political economy of housing in Norway; B.S.Trany * Housing as Social Right or Means to Wealth? The Fallout of Property Booms in Australia and Denmark--J.L.Mortensen& L.Seabrooke * Residential Capitalism in Italy and the Netherlands--M.B.Aalbers * The New Politics of Housing: Lessons from Real Estate Developers and Housing Policies in France and Spain since the 1980s--J.Pollard * Origins and Consequences of the US Subprime Crisis--H.M.Schwartz * Conclusion: The Politics and Policy of the Housing Market Crash--H.M. Schwartz& L.Seabrooke * Notes * Index * Bibliography

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