House prices and mortgage debt have moved to centre stage in the
management of national economies, regional development and
neighbourhood change. Describing, analysing and understanding how
housing markets work within and across these scales of economy and
society has never been more urgent. But much more is known about
the macro-scales than the microstructures; and about the economic
rather than social drivers of housing market dynamics. This book
redresses the balance. It shows that housing markets are social,
cultural and psychological - as well as economic - affairs. This
multidisciplinary approach is helpful in understanding the economic
staples of supply, demand, price and information. It also casts new
light on the emotional and political economy of markets.
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