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Housing Economics - A Historical Approach (Hardcover, 1st ed. 2016)
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Housing Economics - A Historical Approach (Hardcover, 1st ed. 2016)
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The world has still to emerge fully from the housing-triggered
Global Financial Crisis, but housing crises are not new. The
history of housing shows long-run social progress, littered with
major disasters; nevertheless the progress is often forgotten,
whilst the difficulties hit the headlines. Housing Economics
provides a long-term economic perspective on macro and urban
housing issues, from the Victorian era onwards. A historical
perspective sheds light on modern problems and the constraints on
what can be achieved; it concentrates on the key policy issues of
housing supply, affordability, tenure, the distribution of migrant
communities, mortgage markets and household mobility. Local case
studies are interwoven with city-wide aggregate analysis. Three
sets of issues are addressed: the underlying reasons for the
initial establishment of residential neighbourhoods, the processes
that generate growth, decline and patterns of
integration/segregation, and the impact of historical development
on current problems and the implications for policy.
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