1st Edition

The Financialization of Housing A political economy approach

By Manuel B. Aalbers Copyright 2016
168 Pages 7 B/W Illustrations
by Routledge

168 Pages 7 B/W Illustrations
by Routledge

168 Pages 7 B/W Illustrations
by Routledge

Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the... Read more

1 Introduction: Financialization and Housing Studies

2 Centring Housing in Political Economy

With Brett Christophers

3 The Financialization of Home and the Mortgage Market Crisis

4 The Great Moderation, the Great Excess and the global housing crisis

5 Financialization and Housing: Between Globalization and Varieties of Capitalism

With Rodrigo Fernandez

6 Mortgage Lending and House Price Developments in Germany, Italy, Spain, the Netherlands and the US

7 The Financialization of Subsidized Rental Housing

8 Conclusion: The 21st Century Housing Question

Biography

Manuel B. Aalbers is Associate Professor of Human Geography at KU Leuven/University of Leuven, Belgium, where he leads an ERC project and research group on the intersection of real estate, finance and states.

"The book will be of cross-disciplinary interest and will appeal to economists, economic geographers and anyone interested in housing systems, financialisation and the conceptualisation of increasing global interdependencies and their consequences. Certainly recommended reading for any housing scholar."

Ryan Powell, Department of Urban Studies and Planning, University of Sheffield, International Journal of Housing Policy