The Blackwell Companion to the Economics of Housing willhelp students and professionals alike to explore key elements ofthe housing economy: home prices, housing wealth, mortgage debt, and financial risk.
- Features 24 original essays, including an editorialintroduction and three section overviews
- Includes 39 world-class authors from a mix of educational andfinancial organizations in the UK, Europe, Australia, and NorthAmerica
- Broadly-based, scholarly, and accessible, serving students andprofessionals who wish to understand how today's housingeconomy works
- Profiles the role and relevance of housing wealth; themismanagement of mortgage debt; and the pitfalls and potential ofhedging housing risk
- Key topics include: the housing price bubble and crash; thesubprime mortgage crisis in the US and its aftermath; the linksbetween housing wealth, the macroeconomy, and the welfare ofhome-occupiers; the mitigation of credit and housing investmentrisks
- Specific case studies help to illustrate concepts, along withnew data sets and analyses to illustrate empirical points