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Rethinking the Economics of Land and Housing

Rethinking the Economics of Land and Housing

Hardcover

EconomicsReal Estate

ISBN10: 1786991195
ISBN13: 9781786991195
Publisher: Bloomsbury Publishing PLC
Published: Jul 15 2017
Pages: 280
Weight: 1.00
Height: 1.10 Width: 5.60 Depth: 8.70
Language: English

Why are house prices in many advanced economies rising faster than incomes? Why isn't land and location taught or seen as important in modern economics? What is the relationship between the financial system and land.

In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

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