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Finance for Housing - An Introduction (Hardcover, New)
Loot Price: R2,220
Discovery Miles 22 200
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Finance for Housing - An Introduction (Hardcover, New)
Expected to ship within 12 - 17 working days
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The global financial crisis of 2007-08 was triggered by sub-prime
mortgage mis-selling in the US and the global sale of these debts
as new bonds. Austerity programmes are designed to reduce the
borrowing that governments undertook to stabilise failing banking
systems but the UK's Coalition government is using 'austerity' as a
cover to dismantle the welfare state. Housing is at the forefront
of these changes. Mortgages and rental costs are rising as 'the
market' dictates them, while people with low incomes now receive
substantially less financial help from the welfare state. In this
much-needed text by an experienced author with a policy background,
current housing finance issues (and their history) are linked with
broader social policy and political themes. It covers the finance
of building and refurbishment, managing and maintaining property
for all the different tenures (owner occupation, council housing,
housing association and private renting), and discusses whether
current arrangements are sustainable. Written for housing, social
policy and politics students and staff, it is also accessible to
anyone concerned about housing in Britain today.
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