The Politics of Housing Booms and Busts [Hardcover]

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.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.Tran?y 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

'Schwartz and Seabrooke have done what most academics fail to do; produce a volume that is both timely and extremely relevant. As well providing us with a panoptic view of the global housing crisis, they frame it with a theoretical framework that clarifies the central causal and constitutive processes at the heart of the global crisis. If you want to understand why the financial world just blew up I cannot think of a better place to start.' - Mark Blyth, The Johns Hopkins University, USA

HERMAN SCHWARTZ is Professor of Politics at thelÓ%